Harvest Fund Applies for Hong Kong Bitcoin ETF: Report

Harvest Fund Management Applies for Bitcoin ETF in Hong Kong

The Hong Kong arm of Harvest Fund Management, a major Chinese asset manager, has reportedly submitted an application for a spot bitcoin exchange-traded fund (ETF) to the local financial regulator. This move indicates that Hong Kong is preparing for its first batch of spot cryptocurrency ETFs. Harvest has submitted its application to the Securities and Futures Commission and is hoping to launch the city’s first spot Bitcoin ETF after the Lunar New Year holiday. Other companies, including Venture Smart Financial Holdings Ltd., have also expressed interest in launching spot crypto ETFs in Hong Kong.