HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.
The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.
Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC, and expects initial subscriptions into the products will surpass those seen...
Singapore-based Matrixport expects mainland Chinese investors to move billions into potential Hong Kong-listed spot BTC ETFs through the Stock Connect program.