Han Tongli, the CEO and CIO of CSOP Asset Management, said that the market's response to the purchase of virtual currency spot ETFs is enthusiastic and even exceeds expectations. He explained that it was originally expected that the Hong Kong virtual asset spot ETF would have a slow development and subscription process, but in fact, the first-day subscription quantity was more than expected. He believes that Hong Kong's financial and legal systems can seamlessly connect with the global market, and the virtual asset spot ETF can accept physical subscription and redemption, with advanced design. The potential for the development of virtual assets in Hong Kong is even higher than that of the United States. He bluntly stated that the spot ETF product issued by the company this time is actually not profitable, and it also does not intend to make money on this product. The main purpose of issuing this product is to lay the foundation for connecting the two different ecosystems of traditional finance and encrypted finance and gain profits from it, rather than just making a profit from one product.