Questions tagged [in-kind creation model]

Carlo Fri Jul 12 2024 | 7 answers 1804

Has Hong Kong officially given its nod to the in-kind creation model for Bitcoin and Ether Exchange-Traded Funds (ETFs)? The decision would likely have significant implications for the cryptocurrency market in the region, potentially opening the door for more mainstream investment vehicles and increased liquidity. Are there any official announcements or statements from the Hong Kong Securities and Futures Commission (SFC) that confirm this development? And if so, what are the key details and implications of this approval? It's a question that many in the industry are eager to have answered as it could pave the way for a more regulated and accessible crypto market in Hong Kong.