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The Hong Kong virtual asset ETF market has established a mature structure such as exchanges, market makers, and primary and secondary custodians

Wang Long, chairperson of the Greater Bay Area Financiers Association, published an article in Ta Kung Pao entitled "Web 3.0 to promote the diversification of financial products", which pointed out that although the ETF market in Hong Kong is still in the development stage compared with that in the United States, it has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc. The Hong Kong Securities Supervision Commission has approved 6 and 14 virtual asset spot ETFs, including Hong Kong dollars, US dollars, and RMB, which are limited to trading on trading platforms licensed by the Hong Kong Securities Supervision Commission. Nowadays, more and more global investors are paying attention to how to invest in virtual assets, including the United States and China. Hong Kong has also approved the listing of virtual asset ETF funds, and the investment scale has also increased rapidly.