Beijing Business Daily: Hong Kong BTC, ETH spot or futures ETF related products are temporarily not open to mainland investors

According to Beijing Business Daily, whether it is Bitcoin, Ethereum spot ETF or Bitcoin, Ethereum futures ETF, the related products are not open to mainland investors for the time being. Southern East China Securities said that as more market participants increase, the demand for Bitcoin futures ETFs in Hong Kong, China is expected to rise further, and the scale and trading volume will further increase. The reduction in Bitcoin supply will further increase Bitcoin prices, boosting market positive sentiment and further promoting the increase in market demand for Bitcoin futures ETFs. Southern East China Securities also mentioned that its sub-funds are not sold directly or indirectly to legal persons or natural persons in mainland China, nor are they sold or sold for their own benefit. In addition, legal persons or natural persons in mainland China may not directly or indirectly purchase Southern East China Securities Bitcoin Futures ETF or Southern East China Securities Ethereum Futures ETF without first obtaining all necessary government approvals in mainland China.