[Breaking News] According to Odaily Planet Daily, several leading fund companies are deploying Bitcoin ETFs through their Hong Kong subsidiaries. Including Harvest Fund Hong Kong Subsidiary, Southern Fund Hong Kong Subsidiary and other institutions are applying for and deploying Bitcoin ETFs. The product applied by Harvest Fund is Bitcoin spot ETF. China Asset Management Hong Kong Subsidiary recently reached a cooperation with Hong Kong Bitcoin ETF Custodian. Industry insiders predict that the relevant Bitcoin ETF application may be implemented as early as the second quarter of this year. If the Hong Kong subsidiary of the leading public fund applies for Bitcoin ETF products, the subsequent operation may prove the maturity and market development potential of its operation. It is not ruled out that more leading public funds will use Hong Kong subsidiaries to deploy Bitcoin business. At present, about 30 public funds have established subsidiaries in Hong Kong. What do you think? Welcome to leave a message in the comment area for discussion.