Hong Kong SFC To Reportedly Approve First Bitcoin ETFs

According to BlockBeats, Hong Kong Securities and Futures Commission (SFC) has urgently updated the list of virtual asset management funds today, April 10. This move anticipates the announcement of the first batch of Bitcoin ETFs in Hong Kong, which is scheduled for April 15. The SFC initially planned to approve four BTC ETFs, including the following: Harvest Fund, Bosera Funds, and Huatai-PineBridge Fund. The SFC originally planned to list the Bitcoin ETFs in Hong Kong around April 25 or sometime by the end of the month. The approval of Hong Kong Bitcoin ETFs comes about three months after the US Securities and Exchange Commission approved the first batch of Bitcoin ETFs in the United States on January 11.

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