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Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as | Bitcoin | Ethereum | Altcoin

Hong Kong finance firm VSFG aims to launch spot bitcoin ETF as early as May

Venture Smart Financial Holdings Ltd., a Hong Kong-based financial services firm, has submitted its application for a spot bitcoin exchange-traded fund — and aims to launch the ETF as early as May. Brian Chan, group head of investment and products of VSFG, told The Block on Thursday that the team is hoping for a May launch “if all goes smoothly.” “But we're also keeping June in our sights just to be on the safe side,” Chan said.

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