After Hong Kong’s spot “Some may view this as a message ‘to’ mainland China,” OSL CEO and Chairman of the Board Patrick Pan told Due to Hong Kong’s status as a Special Administrative Region controlled by China—which has been called a “The successful launch of the spot Bitcoin and Ethereum ETFs in Hong Kong says a lot about Hong Kong,” Pan added, “and its critical role as the gateway to mainland China.”Despite this, mainland Chinese investors cannot currently invest in the fund. This is because Hong Kong ETFs must be listed for at least six months before they’re added to the Shanghai Stock Exchange’s southbound stock connect—a program that allows mainland China investors to access Hong Kong assets.China has a long and rocky history with cryptocurrencies, “The regulatory policy in mainland China since 2021 has been quite clear on the position of crypto asset businesses and trading in the mainland.” Pan told Since OSL’s first spot ETF application, it only took four months for the ETF to be approved and start trading. This is a stark difference to the “In a space of four months, we have gone from zero to listing highly sophisticated digital financial products in one of the world’s top stock exchanges,” Pan explained. “The blueprint for even broader and deeper digital asset product adoption across [Asia] has just been written for all to see.”OSL believes the Edited by Andrew Hayward
