Victory Securities: Hong Kong is expected to launch virtual asset ETFs as soon as the first quarter of this year

On January 12th, Hong Kong licensed virtual asset securities broker Success Securities' executive director, Chen Peiquan, stated that the recent approval of spot ETFs in the United States is seen by the "coin circle" as a key link between virtual currency and actual exchanges, which is expected to attract more investors. The Hong Kong Securities and Futures Commission also stated that it accepts applications for the listing of virtual currency spot ETFs. He revealed that although Hong Kong's fund companies have not yet submitted applications, they are actively preparing for it, and it is expected that in the first quarter of this year, multiple fund companies will express their intention to apply, and even succeed in their applications.