Hong Kong To Establish Crypto Hub, Starts ETF Trade on April 30

• HashKey Exchange completes the first crypto subscription for BTC and ETH ETFs for Hong Kong Bosera International and HashKey Capital.
• Hong Kong began raising funds in ETFs and will be listed on the Stock Exchange on April 30.
• As per reports, HashKey Capital will begin trading Bitcoin ETF on Tuesday.

In a recent development, HashKey Exchange announced that the platform had completed the first crypto subscription for Hong Kong Bosera International and HashKey Capital’s Bitcoin spot ETF and Ethereum spot ETF.

Chinese crypto researcher Colin Wu shared an X post shedding light on the matter. The reporter further elaborated on the idea of cryptocurrency redemption, stating that it means “the underlying assets do not have to be sold immediately, which brings cost and liquidity advantages.”

HashKey Exchange announced that it has completed the first cryptocurrency subscription for Bitcoin spot ETF and Ethereum spot ETF of Hong Kong Bosera International and HashKey Capital. Cryptocurrency redemption means that the underlying assets do not have to be sold immediately,…

— Wu Blockchain (@WuBlockchain) April 25, 2024

In addition, it is also reported that Ho…

The post Hong Kong To Establish Crypto Hub, Starts ETF Trade on April 30 appeared first on Coin Edition.