In two years, Harvest Financial Services has announced plans to target mainland China with the listing of Bitcoin and Ether Exchange-Traded Funds (ETFs).

Quick Summary:

Harvest Global Investments, a leading Chinese fund house and issuer of Hong Kong’s first spot cryptocurrency exchange-traded funds (ETFs), is setting its sights on an ambitious expansion into mainland China.

CEO Han Tongli has unveiled plans to potentially offer mainland investors direct access to its bitcoin and ether products through the ETF Connect scheme.

Despite the anticipation surrounding their debut, trading volumes fell short of expectations, reflecting the nascent stage of the market and the challenges of competing with established counterparts in the US.

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Article Details

Category: Crypto

Markets: IndiaChinaHong Kong

Topics: China crypto Ethereum ETF Harvest 24/7 Cryptocurrency News Bitcoin ETFs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-10 @ 17:19:42 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20929314

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