Hong Kong, May 2, 2024 — Bosera Asset Management (International) Co., Limited and HashKey Capital Limited are pleased to announce the successful listing ceremony for the Bosera HashKey Bitcoin and Ether spot ETFs on the Hong Kong Stock Exchange (HKEX). The ceremony, held earlier this week, marked the official commencement of trading for these pioneering ETFs.

The listing ceremony was attended by esteemed representatives from HashKey Capital, Bosera International, the Hong Kong Special Administrative Region (HKSAR) government, the Securities and Futures Commission (SFC), and the HKEX. Issuers’ representatives participated in the countdown to the start of trading and the ringing of the opening gong, symbolising the commencement of the morning trading session.

Joseph Chan, Acting Secretary for Financial Services and the Treasury, said: “Hong Kong’s valuable experience in the financial market is imperative in building a stable and vibrant ecosystem for virtual assets.”

Bonnie Y Chan, Chief Executive Officer of HKEX also gave a speech and mentioned how HKEX would like to develop Hong Kong to become the choice ETF market in the world to strengthen Hong Kong’s competitiveness as an epicentre for digital asset management.

Esteemed SFC representatives were also present. Christina Choi, Executive Director, Investment Products Division of the SFC remarked, “For this first batch of approved ETF products, we have implemented a more stringent regulatory framework compared to other jurisdictions.”

As part of the ceremony, HashKey Capital and Bosera International presented souvenirs to the HKEX, highlighting the strong partnership and collaboration between the issuers and the exchange. A corporate video from HashKey Capital’s CEO, Deng Chao, was also showcased, underscoring the firm’s pioneering role in the virtual asset landscape.

“We are thrilled by the successful listing ceremony and the official launch of the Bosera HashKey Bitcoin and Ether spot ETFs,” said Deng Chao, CEO of HashKey Capital.

“These ETFs represent a significant step forward for the virtual asset market in Asia, providing investors with a safe, compliant, and convenient way to access the digital asset market. We are grateful for the support of the HKSAR government, the SFC, and the HKEX in making this milestone possible.”

The approval and launch of the Bosera HashKey Bitcoin and Ether spot ETFs represent a significant milestone in the virtual asset market as they are the world’s first physical in-kind subscription mechanism. Such a mechanism enables investors to directly participate in the digital asset market, simplifies the investment process, and enhances transparency and accessibility for investors.

The Chairperson and Chief Executive Officer of Bosera, Lian Shaodong said, “We are very happy to work with HashKey in making this historic moment come true.”

The Bosera HashKey Bitcoin and Ether spot ETFs are now officially listed on the HKEX.

About HashKey Capital

Global in influence and crypto-native, HashKey Capital is a digital asset and blockchain leader helping institutions, founders and talents advance the blockchain industries.

As one of the largest crypto funds and the earliest institutional investor in Ethereum, HashKey Capital has managed over US$1 billion in client assets since its inception, with over 500 investments in infrastructure, tools, and applications.

With our deep knowledge across the blockchain ecosystem, HashKey Capital has built a robust network connecting founders, investors, developers, and regulators.