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Hong Kong virtual asset spot ETF has not been listed on banks for more than a month

Hong Kong's virtual asset spot ETF has been listed for more than a month, but no banks have yet put it on the shelves. Some issuers admitted that banks and securities firms are different regulated entities, and distribution in banks still needs to wait for the approval of the corresponding regulatory entities, and it may take time for banks to evaluate internally. Traditional banks are concerned about the regulatory risks of anti-money laundering and know-your-customer (KYC) and lack relevant technical personnel, so they are more cautious about participating in distribution products. For traditional Financial Institution Groups, virtual currencies are mostly speculative, and related basic technology applications are more interesting.