- Harvest Hong Kong has applied for a spot Bitcoin ETF launch on January 26.
- Hong Kong’s SFC promotes Bitcoin ETFs and intends to launch the first Spot Bitcoin ETF after the Spring Festival.
- The regulators may imitate the US SEC by approving applications filed by multiple companies.
Bitcoin ETFs have been largely garnering attention since their launch on January 11, with more and more ETF issuers stepping forward. Recent reports unearthed that one of China’s largest fund companies, Harvest Hong Kong, applied for a Spot Bitcoin ETF launch on January 26.
According to the report, Harvest Hong Kong, the first company to file for a spot Bitcoin ETF in Hong Kong, awaits the Securities and Futures Commission’s (SFC) approval. Another figure to publicize the news was the Chinese reporter Colin Wu, who shared an X post on the matter via his official account, Wu Blockchain.
On January 26, Harvest Hong Kong, one of China’s largest fund companies, submitted a Bitcoin spot ETF application to the Hong Kong Securities and Futures Commission. This is the first institution in Hong Kong to submit a Bitcoin spot ETF application. https://t.co/UgMfQ6G8xQThe post Breaking: Hong Kong Will Launch Its Spot Bitcoin ETF Post Spring Festival appeared first on Coin Edition.— Wu Blockchain…