According to Foresight News, the Executive Director of the Investment Products Division at the Hong Kong Securities and Futures Commission (SFC), Choi Fung Yee, has issued a warning about the inherent risks of investing in virtual assets. Choi stated that the SFC's approval of related Exchange Traded Funds (ETFs) does not imply endorsement or encouragement for the public to invest in these virtual assets.
She reiterated that regulatory systems cannot eliminate the inherent market risks, especially given the speculative nature of virtual assets and their highly volatile prices. Choi advised that only investors who can bear these risks should consider investing in such assets. This statement comes as a reminder to potential investors about the unpredictable nature of virtual assets and the potential financial losses they could incur.