What are the requirements for listing a Bitcoin ETF in Hong Kong?

3 answers

• Nov 28, 2021 · 3 years ago
  To list a Bitcoin ETF in Hong Kong, there are several requirements that need to be met. Firstly, the ETF issuer must be a licensed corporation under the Securities and Futures Ordinance (SFO) in Hong Kong. They must also comply with the regulations set by the Securities and Futures Commission (SFC). Additionally, the ETF must have a proper custodian to hold the Bitcoin assets securely. The ETF should also have a clear investment objective and strategy, as well as a well-defined risk management framework. Finally, the ETF must meet the listing criteria of the Hong Kong Stock Exchange, including minimum market capitalization and liquidity requirements.
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• Nov 28, 2021 · 3 years ago
  Listing a Bitcoin ETF in Hong Kong is not an easy task. The regulatory landscape is constantly evolving, and the SFC has been cautious in approving such products. The requirements include obtaining a license, complying with regulations, and meeting the listing criteria. It is important for the ETF issuer to demonstrate transparency, robust risk management, and investor protection measures. The process can be time-consuming and requires thorough due diligence. However, listing a Bitcoin ETF in Hong Kong can provide investors with exposure to the cryptocurrency market in a regulated and secure manner.
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• Nov 28, 2021 · 3 years ago
  As an expert in the field, I can say that listing a Bitcoin ETF in Hong Kong requires careful consideration of the regulatory framework. The SFC has been actively monitoring the cryptocurrency market and has set strict guidelines for ETF issuers. The requirements include obtaining a Type 9 license, complying with the SFC's Code on Unit Trusts and Mutual Funds, and meeting the eligibility criteria for listing on the Hong Kong Stock Exchange. It is crucial for the ETF issuer to have a solid track record, a robust risk management framework, and a clear investment strategy. By fulfilling these requirements, the ETF can provide investors with a regulated and transparent way to gain exposure to Bitcoin in Hong Kong.
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