CSOP Asset Management has received approval to list its Bitcoin and Ethereum exchange-traded funds (ETFs) on the Hong Kong Stock Exchange by Dec. 16.
CryptoSlate reported on Oct. 31, that the government of Hong Kong released its crypto policy statement which allowed retail investors to legally invest in crypto assets.
Simultaneously, the Hong Kong Securities and Futures Commission (SFC)opened applications for interested ETF providers. CSOP submitted its application to offer the Bitcoin and Ethereum ETFs.
(By Christian Nwobodo)
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