OSL to launch first spot virtual asset ETF by mid-year.

Jafar224

Kenneth Cheung, Executive Director and Head of Regulatory Affairs at OSL, a licensed virtual asset trading platform in Hong Kong, mentioned that they are currently in close communication with many fund companies. The market is researching with 5 to 10 fund companies, and progress with fewer than 5 can be relatively fast. There are expectations to launch the first spot virtual asset ETF by mid-year. Cheung admitted that there is pressure to ensure that fees are not excessively high since there are only two licensed virtual asset platforms in the market. The transparency of the Hong Kong market serves as an objective reference, given the already existing models in the United States.

Isha000

This still needs to wait for a few more months.

Samiksha

Which country is this talking about?

Sona59

That involves quite a bit of cost.

Ritu13

Spot virtual assets can be launched.