Bosera Capital, China’s Asset Management (China AMC), and Harvest Global Investments are reportedly the asset managers whose applications for crypto spot ETFs have been approved by Hong Kong’s Securities and Futures Commission (SFC).
Notably, China AMC released a brief statement on April 15, 2024, stating that it had obtained permission to offer crypto asset management services in Hong Kong and that it plans to issue its crypto ETFs (both spot Bitcoin and spot Ethereum) in partnership with OSL and BOCI International.
Harvest Global Investments, which filed two applications for spot crypto ETFs, has also announced that it had acquired in-principle approvals for its applications. The investment firm stated that it would partner with OSL to issue these two spot crypto ETFs.
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Bosera and HashKey Capital are pushing the ETF
According to Reuters, Bosera is partnering with HashKey Capital to launch its ETFs.
This development positions Hong Kong as Asia’s first to embrace cryptocurrencies as a mainstream investment tool, aligning with its ambition to become a global hub for digital assets. It also follows calls from the stakeholders in the region for an expedited process for the approval of the funds.
However, the SFC has not yet confirmed this development, and some social media posts and announcements regarding it have been taken down.
The market now has more than the original six products
By June 2026, Hong Kong had six SFC-authorised spot crypto ETFs, three Bitcoin products and three Ether products, according to current market data.
The original three issuers therefore remain central to the market, but the regulatory framework has become broader and more flexible since the initial launch.
This is also happening alongside the growth of other exchange-traded products. HKEX currently lists more than 30 ETP issuers and more than 200 ETFs and leveraged/inverse products, showing how deeply ETF products are embedded in Hong Kong’s capital markets.
Hong Kong is developing rules around spot crypto funds, licensed trading platforms, tokenized investment products, stablecoins and secondary trading of tokenized assets. The SFC’s latest fund framework specifically recognises that demand for virtual-asset investment products has grown globally and in Hong Kong.
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