Hong Kong financial services company VSFG plans to launch Bitcoin spot ETF as early as May

BlockBeats news, on March 28, according to The Block, Hong Kong financial services company VSFG has submitted an application for a spot Bitcoin trading platform trading fund and plans to launch the ETF as early as May. Brian Chan, head of VSFG’s investment and product group, said, “If all goes well, we hope to launch the Bitcoin spot ETF in May. But to be safe, we will also set our sights on June. It is difficult to determine the exact date through the regulatory process. , but we are in active discussions with the Securities Regulatory Commission. We have started work based on their initial feedback and are working closely together.”