The newly approved crypto spot ETFs in Hong Kong will begin trading as soon as next week according to a Bloomberg report citing an executive from one of the issuers, HashKey.
The funds will have an in-kind subscription and redemption mechanism which allows for the underlying assets to be swapped for ETF units. This differs from the US funds which operate on a cash redemption model.
Issuer | Management Fee |
ChinaAMC | 0.99% |
Harvest | 0% (0.3% after 6mon) |
Bosera | 0.60% |