ET Net Finance Receives SFC Approval to Upgrade Physical Redemption Mechanism for Digital Asset ETFs
According to official sources reported by Jinse Finance, Eddid Financial has announced that it has received approval from the Hong Kong Securities and Futures Commission to upgrade the in-kind creation and redemption mechanism for its digital asset ETFs. Users will now be able to directly subscribe to and redeem spot Bitcoin (BTC) or Ethereum (ETH) ETFs using cryptocurrencies through their Eddid ONE virtual asset accounts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Onchain Launches Tokens Including ZEUS, BONKPUTER, and BSTR
Bitget PoolX to Launch AIO, Users Can Unlock 500,000 AIO by Staking
Trump Media & Technology Group's Q2 Financial Assets Reach $3.1 Billion, Bitcoin Strategy Becomes Main Growth Driver
BitMine Chairman: Wall Street Is Buying Crypto Assets, ETH Could Rise to $15,000
Trending news
MoreCrypto prices
More
