After the recent announcement from Hong Kong to allow crypto futures ETFs, many issuers are rushing to get their applications in. There is a lot of interest for these types of funds and they have been denied multiple times in the U.S. though some are available in other areas. Being one of the first to launch will surely prove beneficial for these funds so the race is on to see who will be the first to launch a crypto futures ETF in Hong Kong.
ETF Newz Says:
The challenge for launching these funds will come down to who has the most experience in virtual asset investments.