Harvest plans to open Hong Kong Bitcoin ETF to mainland China

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Golden Finance2024/05/10 07:09

By:Golden Finance

Golden Finance reports that Chinese fund company Harvest Global Investments, one of the issuers of the first spot Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong, has confirmed plans to open these funds to mainland Chinese investors through the Hong Kong Stock Connect. Harvest Fund CEO Han Tongli discussed the possibility of including these ETFs in the ETF Connect program at the Bitcoin Asia Conference, which is part of the broader "Stock Connect" program launched in 2014 to connect exchanges in Hong Kong with mainland China. Han Tongli said that as long as everything goes well in the next two years, we do not rule out applying to include our ETFs in the Connect program.

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The article uses Brian Armstrong's behavior during the Coinbase earnings call to vividly illustrate George Soros' "reflexivity theory," which posits that market prices can influence the actual value of assets. The article further explores how financial markets actively shape reality, using examples such as the corporate conglomerate boom, the 2008 financial crisis, and the current artificial intelligence bubble to explain the workings of feedback loops and their potential risks. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively improved.

MarsBit•2025/11/05 15:06