Hong Kong's SFC Approves Vantage Family Office to Launch Digital Asset Fund, Plans to Invest in Bitcoin ETF

Vantage Family Office announced that its subsidiary, Raffles Assets Management (HK), has officially launched its first digital asset fund after receiving approval from the Hong Kong Securities and Futures Commission (SFC) to change its business plan, allowing the management of investment portfolios in virtual assets. The open-ended fund is reported to be denominated in USD and is available exclusively to professional investors, currently focusing exclusively on a single asset, namely Bitcoin ETF.