香港通过比特币和以太币现货 ETF 突破加密货币领域

香港证券及期货事务监察委员会（证监会）有条件批准比特币和以太币现货交易所交易基金（ETF），使其成为第一个授权此类产品的全球金融中心。这些ETF旨在吸引中国大陆投资者250亿美元的资金，并吸引寻求美国账户替代品的地区投资者。继美国证券交易委员会 (SEC) 于 2024 年 1 月批准现货比特币 ETF 后，香港证监会批准了比特币 ETF，该 ETF 交易量巨大，推高了比特币价格。

Hong Kong Embraces Crypto Innovation with Bitcoin and Ether Spot ETFs

香港通过比特币和以太币现货 ETF 拥抱加密货币创新

In a groundbreaking move, the Hong Kong Securities and Futures Commission (SFC) has granted conditional approval for Bitcoin and Ether spot exchange-traded funds (ETFs), solidifying the city's ambition to become a regional crypto hub. This momentous decision marks Hong Kong as the first market in Asia and the first global financial hub to authorize such products.

香港证券及期货事务监察委员会（证监会）有条件批准比特币和以太币现货交易所交易基金（ETF），这是一项突破性举措，巩固了香港成为区域加密货币中心的雄​​心。这一重大决定标志着香港成为亚洲第一个授权此类产品的市场，也是第一个全球金融中心。

Unveiling the Potential of Spot ETFs

发掘现货 ETF 的潜力

Spot ETFs, which track the live prices of underlying assets, offer investors a straightforward entry point into the cryptocurrency market. Unlike futures-based ETFs, which track the price of a futures contract, spot ETFs provide a more direct exposure to the asset's current value. This accessibility is expected to attract significant interest from both local and international investors.

现货 ETF 跟踪标的资产的实时价格，为投资者提供了进入加密货币市场的直接切入点。与追踪期货合约价格的期货 ETF 不同，现货 ETF 提供了更直接的资产当前价值敞口。这种便利性预计将吸引本地和国际投资者的浓厚兴趣。

China's Potential Role

中国的潜在作用

The approval of spot ETFs is particularly significant for mainland Chinese investors, who have been eagerly awaiting access to such products. Through the Southbound Connect program, which facilitates cross-border trading between Hong Kong and China, qualified mainland investors can now participate in the Hong Kong ETF market. Analysts estimate that these investors could contribute up to $25 billion to the new ETF offerings.

现货ETF的批准对于一直热切等待此类产品的中国大陆投资者来说尤其重要。通过南向通计划促进香港和内地之间的跨境交易，合格的内地投资者现在可以参与香港ETF市场。分析师估计，这些投资者可能会为新的 ETF 产品贡献高达 250 亿美元。

US-Hong Kong Comparison

美国与香港比较

While Hong Kong has made significant strides in embracing crypto innovation, it remains behind the United States in terms of the overall market size and regulatory framework. The US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024, resulting in an influx of investor interest and a surge in trading volume. However, the SEC has yet to approve similar products for Ether.

尽管香港在拥抱加密货币创新方面取得了重大进展，但在整体市场规模和监管框架方面仍然落后于美国。美国证券交易委员会 (SEC) 于 2024 年 1 月批准了现货比特币 ETF，导致投资者兴趣涌入，交易量激增。然而，美国证券交易委员会尚未批准以太坊的类似产品。

A Positive Outlook for Bitcoin

比特币前景乐观

The approval of spot ETFs in Hong Kong is undoubtedly positive news for Bitcoin, opening up new avenues for investment and potentially driving up its price. While the long-term impact of these ETFs on the crypto market remains to be seen, they represent a significant step towards mainstream adoption and legitimization of digital assets.

香港现货ETF的批准对于比特币来说无疑是一个利好消息，为比特币的投资开辟了新的途径，并有可能推高比特币的价格。虽然这些 ETF 对加密货币市场的长期影响仍有待观察，但它们代表了数字资产主流采用和合法化的重要一步。

Conditional Approval and Next Steps

有条件批准和后续步骤

It's important to note that the SFC's approval is conditional, granting applicants permission to prepare for offering the ETFs. The funds must still apply to the Hong Kong Exchanges and Clearing (HKEX) for listing on the local stock exchange. Once all necessary approvals are obtained, the ETFs will be available to investors.

值得注意的是，证监会的批准是有条件的，即授予申请人准备发行 ETF 的许可。该资金仍须向香港交易及结算所（HKEX）申请在当地证券交易所上市。一旦获得所有必要的批准，ETF 将可供投资者使用。

Hong Kong's Global Ambitions

香港的全球抱负

With this latest development, Hong Kong has taken a bold step towards establishing itself as a leading center for crypto innovation. The city's robust financial infrastructure, coupled with its proximity to mainland China, positions it as an ideal gateway for crypto adoption in Asia.

凭借这一最新发展，香港朝着成为领先的加密货币创新中心迈出了大胆的一步。该市强大的金融基础设施，加上毗邻中国大陆，使其成为亚洲采用加密货币的理想门户。

Disclaimer

免责声明

The information provided in this article is for informational purposes only and should not be considered financial advice. Individuals should consult with qualified professionals before making any investment decisions.

本文提供的信息仅供参考，不应被视为财务建议。个人在做出任何投资决定之前应咨询合格的专业人士。