勝利證券公佈香港比特幣和以太坊ETF的費用結構

繼比特幣和以太坊現貨交易所交易基金（ETF）在香港獲得批准後，勝利證券披露了其費用結構。一級市場交易的費用為0.5%至1%，二級市場交易的費用為0.15%至0.25%。這與美國資產管理公司對類似產品實施的費用結構一致，例如富蘭克林鄧普頓對其現貨比特幣 ETF 收取 0.19% 的費用。香港正在成為亞洲潛在的加密貨幣投資中心，在三家 ETF 提供商獲得證券及期貨事務監察委員會 (SFC) 批准後，三家中國資產管理公司正準備推出其 ETF。

Victory Securities Unveils Fee Proposals for Bitcoin and Ethereum ETFs in Hong Kong

勝利證券公佈香港比特幣和以太坊ETF的收費建議

Hong Kong-based Victory Securities has released its fee structure for Bitcoin and Ethereum exchange-traded funds (ETFs), amidst anticipation surrounding the Securities and Futures Commission's (SFC) approval of these cryptocurrency products.

總部位於香港的勝利證券發布了比特幣和以太坊交易所交易基金 (ETF) 的費用結構，因市場預期證券及期貨事務監察委員會 (SFC) 會批准這些加密貨幣產品。

Fee Structure

費用結構

According to a report shared by blockchain reporter Colin Wu, fees for purchasing Bitcoin and Ethereum ETFs in the primary market range from 0.5% to 1% of the total transaction, with a baseline fee of $850. These fees apply equally to secondary market activities, albeit at lower rates - 0.15% for online and 0.25% for telephone transactions.

根據區塊鏈記者 Colin Wu 分享的報告顯示，在一級市場購買比特幣和以太坊 ETF 的費用在交易總額的 0.5% 到 1% 之間，基準費用為 850 美元。這些費用同樣適用於二級市場活動，但費率較低 - 線上交易 0.15%，電話交易 0.25%。

Comparison with US Market

與美國市場比較

Victory Securities' fee structure aligns closely with those established by US asset managers for similar products. Franklin Templeton's spot Bitcoin ETF holds a lower fee of 0.19%, while others range between 0.20% and 0.90%. In contrast, the Grayscale Bitcoin Trust (GBTC) charges a higher fee of 1.5%.

勝利證券的收費結構與美國資產管理公司為類似產品所製定的收費結構非常一致。富蘭克林鄧普頓的現貨比特幣 ETF 的費用較低，為 0.19%，而其他交易所的費用則在 0.20% 至 0.90% 之間。相比之下，灰階比特幣信託（GBTC）收取的費用較高，為 1.5%。

Regulatory Landscape in Hong Kong

香港的監理環境

Hong Kong's regulatory environment for cryptocurrency investments has taken a significant step forward with the SFC's approval of spot ETFs for Bitcoin and Ether. This move follows the lead of the US market, where spot Bitcoin ETFs have attracted substantial investment.

隨著證監會批准比特幣和以太幣現貨 ETF，香港的加密貨幣投資監管環境向前邁出了重要一步。此舉追隨美國市場的腳步，現貨比特幣 ETF 吸引了大量投資。

Regional Impact

區域影響

Three offshore Chinese asset managers - Harvest Fund Management, Bosera Asset Management, and China Asset Management (ChinaAMC) - are poised to launch their Bitcoin and Ether ETFs, capitalizing on the SFC's recent approval of three ETF providers. ChinaAMC plans to use OSL Digital Securities as the custodian for its ETF. Harvest Global and Bosera International have also received regulatory approval but have not yet commenced their ETF offerings.

嘉年華基金管理公司、博時基金管理公司和華夏基金管理公司（華夏基金）這三家離岸中國資產管理公司準備利用證監會最近批准的三家 ETF 提供商的機會，推出比特幣和以太幣 ETF。華夏基金計劃使用 OSL Digital Securities 作為其 ETF 的託管人。 Harvest Global 和 Bosera International 也已獲得監管部門的批准，但尚未開始發行 ETF。

China's Stance on Cryptocurrencies

中國對加密貨幣的立場

Despite the excitement in Hong Kong, the broader Chinese market maintains a restrictive stance towards cryptocurrency trading following a severe crackdown in 2021. Hong Kong, however, is positioning itself as a regulated cryptocurrency hub, aspiring to rival established financial centers such as Dubai and Singapore. The territory's strategy includes potentially opening the doors to mainland Chinese investors for cryptocurrency investments through these approved ETFs.

儘管香港令人興奮，但在2021 年嚴厲打擊之後，更廣泛的中國市場對加密貨幣交易保持了限制立場。中心競爭。該地區的策略包括可能為中國大陸投資者透過這些批准的 ETF 進行加密貨幣投資敞開大門。

Global Significance

全球意義

The global financial community is observing Hong Kong's progressive approach in approving the first Ether ETF, despite the US Securities and Exchange Commission's hesitancy to approve a similar product. Asset managers and investors are adapting their strategies to align with these developments, aiming to leverage the opportunities presented by Hong Kong's evolving regulatory framework.

儘管美國證券交易委員會對批准類似產品猶豫不決，但全球金融界正在觀察香港在批准首個以太坊 ETF 方面所採取的漸進做法。資產管理公司和投資者正在調整策略以適應這些發展，旨在利用香港不斷發展的監管框架帶來的機會。

Impact on Crypto Market

對加密貨幣市場的影響

As the cryptocurrency market gains maturity, the introduction of ETFs in Hong Kong is predicted to attract traditional investors, providing them with a secure and regulated means of exposure to cryptocurrencies. With billions of dollars flowing into spot Bitcoin ETFs in the US, Hong Kong's market may experience a similar influx, potentially reshaping investments in the region.

隨著加密貨幣市場日趨成熟，香港ETF的推出預計將吸引傳統投資者，為他們提供安全且受監管的加密貨​​幣投資方式。隨著數十億美元流入美國現貨比特幣 ETF，香港市場可能會經歷類似的流入，這可能會重塑該地區的投資。