HONG
KONG, April 29, 2024 /PRNewswire/ -- The
Exchange Traded Funds, Bosera HashKey Bitcoin ETF
and Bosera HashKey Ether ETF (the "ETFs") have officially launched
on the Hong Kong Stock Exchange today. In respect of the ETFs,
Bosera Asset Management (International) Co., Limited and HashKey
Capital Limited are the Investment Manager and Sub-Investment
Manager respectively. The ETFs are part of the first batch of
Bitcoin and Ether spot ETFs to launch in a major
financial hub in Asia and they are
now listed under the tickers BTC:
3008.HK (HKD); 9008.HK (USD) and ETH: 3009.HK (HKD); 9009.HK (USD)
respectively.
One of the key features of these ETFs is that they introduce an
'in-kind' subscription mechanism, which allows investors to
directly subscribe for ETF shares using Bitcoin and
Ethereum. Investors can purchase the ETFs with
Bitcoin or Ethereum and subsequently sell
them for cash, or vice versa, enabling seamless two-way investment
flexibility.
Additionally, the Bosera HashKey Bitcoin ETF and
Bosera HashKey Ether ETF track the CME CF Bitcoin
Reference Rate - Asia Pacific Variant and the CME CF Ether-Dollar
Reference Rate - Asia Pacific Variant respectively.
"The launch of the Bosera HashKey Bitcoin ETF and
Bosera HashKey Ether ETF marks a significant leap forward in
democratizing access to cryptocurrencies," said
Deng Chao, CEO of HashKey Capital.
"These innovative ETFs not only provide a convenient entry point
for investors but also underscore our commitment to driving
innovation in the virtual asset ecosystem."
Importantly, non-Hong Kong
nationals can also subscribe for or purchase units in the ETFs if
they meet local regulatory requirements, such as passing customer
due diligence.
The Bosera HashKey Bitcoin ETF and Bosera HashKey
Ether ETF are now available for trading on the Hong Kong Stock
Exchange.
Note: The tickers BTC:
3008.HK (HKD);
9008.HK (USD) and ETH:
3009.HK (HKD); 9009.HK (USD)are
now officially listed on the Hong Kong Stock Exchange
(HKEX).
About HashKey Capital
Global in influence and crypto-native, HashKey
Capital is a digital asset and blockchain leader helping
institutions, founders and talents advance the blockchain
industries.
As one of the largest crypto funds and the earliest
institutional investor in Ethereum, HashKey Capital
has managed over US$1 billion in
client assets since its inception, with over 500 investments in
infrastructure, tools, and applications.
With our deep knowledge across the blockchain ecosystem, HashKey
Capital has built a robust network connecting founders, investors,
developers, and regulators.
For media enquiries, please contact siya.yang@hashkey.com ;
HKSALES@BOSERA.COM
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SOURCE HashKey Capital