Hong Kong outlines new rules for crypto futures ETF issuers
2022/11/01 00:30
According to The Block, Hong Kong's regulator has detailed the basic requirements that exchange-traded fund managers need to meet in order to list crypto products in the city. Any product needs to meet requirements governing unit trusts, mutual funds and unlisted structured products. The ETF issuer needs to show a minimum three-year track record and record of regulatory compliance. Issuers will need to demonstrate digital asset ETFs have adequate liquidity. Net derivative exposure cannot exceed 100% of the ETF's total net asset value. Issuers are required to carry out investor education efforts before launch.
币圈老韭菜
Hong Kong will attract more and more crypto practitioners in the future.
2022-11-01 07:38YanıtlaBeğen
jinjin
Good for BTC and eth
2022-11-01 05:48YanıtlaBeğen
币圈老韭菜
I agree with you!
2022-11-01 07:36YanıtlaBeğen