Hong Kong to Allow Listing of Spot Virtual Asset ETFs

Hong Kong’s Securities and Futures Commission issues requirements to consider authorizing investment funds with exposure to virtual assets of more than 10% of their net asset value for public offerings in the city, according to a statement.

• Circular sets out the requirements for SFC-authorized funds to invest directly in the same spot virtual assets tokens accessible to the Hong Kong public for trading on SFC licensed virtual asset trading platforms
• NOTE: HK Says More Investor Protection Needed for Virtual Assets

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Felix Tam in Hong Kong at ttam59@bloomberg.net

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