Huaxia and Harvest confirm they are promoting the construction of collateralized financial products based on cryptocurrency spot ETFs
2024-05-12 03:52:18
According to the South China Morning Post, executives from Harvest International, a virtual asset ETF issuer in Hong Kong, and China Asset Management in Hong Kong confirmed at the recent Bitcoin Asia conference that they are working to promote the construction of collateralized financial products based on cryptocurrency spot ETFs. David Bailey, co-founder and CEO of BTC Inc., said that ETFs to some extent acknowledge that Bitcoin will continue to exist, and it is impossible for Hong Kong to just inadvertently launch an ETF.... This is not random, the Hong Kong government is very supportive of hosting, and Bitcoin Conference sees Bitcoin as a huge opportunity for Hong Kong.
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