We are excited to announce that our operating subsidiary, Solomon JFZ (Asia) Holdings has been appointed as a participating dealer for the first BTC/ ETH Spot ETFs in Hong Kong.

We are excited to announce that our operating subsidiary, Solomon JFZ (Asia) Holdings has been appointed as a participating dealer for the first BTC/ ETH Spot ETFs in Hong Kong. Solomon is strengthening its partnership with OSL, serving as the first sub-custodian and exchange partner, to facilitate the launch of the innovative BTC/ ETH Spot ETFs issued by China AMC (HK) and Harvest Global.

 

We are among first batch of participating dealers facilitating the in-kind subscription and redemption mechanism that allows investors to buy into the ETF using Bitcoin or Ethereum directly is viewed as a transformative vehicle for directing significant investment into the virtual asset (VA) space.

 

In addition, we support margin financing and T+0 settlement for the BTC/ ETH Spot ETFs. As further incentive, we will waive the subscription fee for the first 3 months of the subscription period!

 

We are honoured to play a crucial role in the launch of the first spot #Bitcoin and #Ethereum #ETF in Hong Kong. We would like to take this opportunity to express our deep appreciation to our strategic partner, QReg Advisory and Ms Clara Chiu for their steadfast support and advice in supporting Solowin through this journey.

 

We believe that this groundbreaking initiative marks a significant milestone for the city's ambitions to become a global VA hub. This transformative investment vehicle is expected to expand the addressable market for VA and channel significant investment into the space.