Victory Securities has become the only participating securities firm among the first batch of Bitcoin and Ethereum spot ETFs in Hong Kong to accept physical purchases

ChainCatcher news, Victory Securities announced on its official website that it has become the only participating securities firm among the first Bitcoin and Ethereum spot ETFs in Hong Kong to accept physical commodity subscriptions. In addition to cash subscriptions, clients can subscribe by depositing physical commodities into the Victory Securities wallet. Victory Securities stated that the virtual currency spot ETF involves the action of repurchasing VA for trading, and subscribing through Victory Securities can significantly shorten the transaction processing time between banks and securities firms. The cut-off trading time for physical commodities is also longer than that for cash, allowing clients to enjoy a time advantage with physical subscriptions.