Update: Hong Kong Regulator Gets First Applications for Spot Bitcoin ETFs, Sources Say

Investors may soon be able to trade Bitcoin in Hong Kong through exchange-traded funds (ETFs) that track the cryptocurrency after the city’s top securities regulator set out requirements for such products in December.

Harvest Global Investments Ltd., Bosera Asset Management (International) Co. Ltd., and China Asset Management (Hong Kong) Ltd. — Hong Kong subsidiaries of three major mutual fund firms on the Chinese mainland — have applied to list their spot Bitcoin ETFs with the Securities and Futures Commission (SFC), sources close to the regulator told Caixin. Hong Kong-based Value Partners Group Ltd. has also applied, they said.