Securities Times: Several leading fund companies are using their Hong Kong subsidiaries to deploy Bitcoin ETFs

According to Securities Times, several top fund companies are using their Hong Kong subsidiaries to layout Bitcoin ETFs. Multiple institutions, including subsidiaries of ChinaAMC and Southern Fund, are applying for and laying out Bitcoin ETFs, with ChinaAMC applying for a Bitcoin spot ETF to the Hong Kong Securities and Futures Commission.In addition, the Hong Kong subsidiary of Huaxia Fund recently reached a cooperation agreement with a Hong Kong Bitcoin ETF custodian. Industry insiders expect that the relevant Bitcoin ETF applications may land as early as the second quarter of this year.