Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 01/05/2024, 04:11:00 UTC
⭐ Merited by vapourminer (1) ,JayJuanGee (1)
https://www.newswire.ca/news-releases/bosera-hashkey-bitcoin-and-ether-spot-etfs-officially-launch-on-hkex-with-two-way-investment-flexibility-855954933.html

Here is the most important parts:

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One of the key features of these ETFs is that they introduce an 'in-kind' subscription mechanism, which allows investors to directly subscribe for ETF shares using Bitcoin and Ethereum. Investors can purchase the ETFs with Bitcoin or Ethereum and subsequently sell them for cash, or vice versa, enabling seamless two-way investment flexibility.

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Importantly, non-Hong Kong nationals can also subscribe for or purchase units in the ETFs if they meet local regulatory requirements, such as passing customer due diligence.