According to BlockBeats news reported on December 22, following the Hong Kong Securities Regulatory Commission's readiness to accept applications for virtual asset spot exchange-traded funds (ETFs), the Hong Kong Stock Exchange expressed its determination to harness the opportunities brought by this development. The Head of Securities Product Development of the Hong Kong Stock Exchange, Luo Boren, stated that they are prepared to embrace this thematic investment and work ardently with issue holders and stakeholders to ensure a smooth integration of this new product into the Hong Kong ETF market.
Luo Boren applauded the announcement by the Hong Kong Securities and Futures Commission and recognized this move as a progressive step that further solidifies Hong Kong's status as a premier digital asset hub in Asia. Luo added that this is a favorable move in reinforcing Hong Kong's ongoing development as the preferred ETF market in Asia.