The spot Bitcoin and Ethereum ETFs of Huaxia have been approved by the Hong Kong Securities and Futures Commission

ChainCatcher news, Huaxia Fund (Hong Kong) today announced that the Huaxia Bitcoin ETF and the Huaxia Ethereum ETF have been approved by the Securities and Futures Commission (SFC) of Hong Kong, scheduled to be issued on April 29, 2024, and listed on the Hong Kong Stock Exchange on April 30, 2024.

This is the first launch of such products in the Asian market, and these two products aim to provide investment returns closely tied to the spot prices of Bitcoin and Ethereum (before fees and expenses).