Odaily News HashKey Capital has ushered in a comprehensive strategic upgrade and launched a more diversified asset management product portfolio in addition to VC business. With the implementation of crypto regulation in various regions, the global market demand is surging. Investors have specific product needs for different cycles, different scales, and different risk preferences. Therefore, HashKey Capital is expanding its business scope to include secondary funds and Web3 wealth management services. Recently, the secondary fund team of HashKey Capital has joined hands with Bosera International, a veteran asset management institution, to jointly launch the first batch of Bitcoin and Ethereum spot ETF products in Asia, and successfully listed them on the Hong Kong Stock Exchange on April 30.

Odaily News Interactive Brokers announced the launch of Hong Kong spot Bitcoin and Ethereum exchange-traded products (ETPs). According to reports, qualified customers can trade new spot Bitcoin and Ethereum ETPs, as well as stocks, options, futures, currencies, bonds, funds, etc. through a unified platform. Customers can purchase spot Bitcoin and Ethereum ETPs through their IBKR brokerage accounts and add cryptocurrency exposure to their portfolios without directly owning digital assets.

Odaily News The Hong Kong Stock Exchange has officially launched the Bitcoin and Ethereum spot ETF trading of China Asset Management, Bosera and Harvest, including: Bosera HashKey Bitcoin ETF (3008.HK); Bosera HashKey Ethereum ETF (3009.HK); China Asset Management Bitcoin ETF (3042.HK); China Asset Management Ethereum ETF (3046.HK); Harvest Bitcoin Spot ETF (3439.HK); Harvest Ethereum Spot ETF (3179.HK).

Odaily News Boshi Asset Management (International) Co., Ltd. and HashKey Capital's Bitcoin and Ethereum ETFs adopt the first "holding currency" subscription and redemption mechanism, allowing investors to directly use Bitcoin and Ethereum to subscribe for ETF shares, simplifying the transaction process and increasing flexibility. Conversely, ETF shares can also be subscribed with cash and redeemed with Bitcoin and Ethereum, promoting the two-way circulation between virtual assets and traditional assets.

Odaily News Spot Bitcoin and Ethereum ETFs began trading in Hong Kong. Huaxia Bitcoin (03042.HK), Harvest Bitcoin (03439.HK), and Boshi Bitcoin (03008.HK) all rose by more than 3% in early trading. (Jinshi)

Odaily News According to official news from HashKey, as long as they comply with the regulatory requirements of the Hong Kong government (such as meeting customer due diligence requirements), non-Hong Kong residents can also invest in the newly listed Bosera HashKey Bitcoin and Ethereum spot ETF products.

Odaily News Official website data shows that as of the midday break, the total trading volume of Hong Kong's six virtual asset spot ETFs was approximately HK$49.41 million, including: Hua Xia Bitcoin ETF (3042.HK) had a trading volume of HK$22.97 million; Hua Xia Ethereum ETF (3046.HK) had a trading volume of HK$11.03 million; Bose HashKey Bitcoin ETF (3008.HK) had a trading volume of HK$3.59 million; Bose HashKey Ethereum ETF (3009.HK) had a trading volume of HK$1.53 million; Harvest Bitcoin Spot ETF (3439.HK) had a trading volume of HK$8.11 million; Harvest Ethereum Spot ETF (3179.HK) had a trading volume of HK$2.18 million.