Boshi HashKey Bitcoin and Ethereum ETFs both strive to dominate the Asian market

Yesterday, Boshi HashKey Virtual Asset ETF achieved a historic breakthrough, with total assets under management exceeding US$110 million for the first time. Among them, Boshi HashKey Ethereum ETF (HK.3009) has obvious advantages. Since May 7, its holdings have been stable at more than 6,000 Ethereum coins, continuing to lead the market. Following closely behind, Boshi HashKey Bitcoin ETF (HK.3008) also achieved a lead yesterday, with the scale of management exceeding US$90 million. Together, the total scale of Boshi HashKey virtual asset ETF reached a record high, and it currently ranks first in Asia.

Since 2015, the HashKey founding team has been deeply involved in the construction of the global blockchain and encryption ecosystem. As one of the few forward-looking institutional investors in the world, HashKey not only funded the Ethereum Foundation in its early stages, but also contributed to the vigorous development of the Ethereum ecosystem in the Asia-Pacific region. As one of the earliest institutional investors in Ethereum, HashKey has accumulated a significant first-mover advantage in the wave of traditional finance converging with Web3.

In 2018, HashKey Capital, a subsidiary of HashKey Group, was officially established. Adhering to the concepts of institutionalization and compliance management, it quickly emerged as Asia's leading venture capital fund. HashKey Capital adheres to the global layout strategy, promotes the flow of industrial resources and local ecological construction, and has made important contributions to the development, industrial upgrading and community iteration of global blockchain technology. During the industry trough in 2022, HashKey Capital successfully raised a third-phase VC fund of US$500 million, injecting new vitality into the Web3 community. Over the past six years, driven by the dual engines of investment and research, HashKey Capital has invested in more than 600 blockchain projects, making important contributions to the prosperity and development of the global blockchain ecosystem.

HashKey Capital, as a bridge between the crypto world and traditional finance, also continues to set new standards for compliance in the Web3 industry. In 2022, HashKey Capital Limited completed the upgrade of the Hong Kong Type 9 asset management virtual asset license. In 2023, HashKey Capital Singapore Pte. Ltd. obtained the Capital Markets Services asset management license in Singapore. This year, HashKey Capital Limited successively obtained the Hong Kong Type 9 The asset management retail license upgrade and Type 4 investment advisory license provide virtual asset management and consulting services to both professional investors and retail investors. If approved by regulatory authorities in the future, HashKey Capital plans to expand its business lines to promote and distribute private equity funds and derivatives related to virtual assets to qualified investors.

In terms of secondary market product layout, in September 2023, HashKey Capital launched the first actively managed virtual asset liquidity fund, marking that its product layout in the field of Web3 asset management is gradually emerging; in January 2024 In August, HashKey Capital teamed up with FTSE Russell, one of the leaders in the global index industry, to release three major indices to track global digital assets; in April 2024, HashKey Capital joined forces with Boshi International to launch the Boshi HashKey Bitcoin ETF (HK. 3008) and Ethereum ETF (HK.3009), and were successfully listed on the Hong Kong Stock Exchange, pushing virtual assets to the mainstream financial market stage.

The success of virtual asset spot ETFs is inseparable from the ecosystem that continues to empower them. After six years of unremitting efforts, HashKey Capital has continued to promote blockchain technology and virtual assets towards large-scale applications and mainstream markets, and has also cooperated with traditional financial institutions, sovereign funds, Internet companies, well-known family offices, and crypto-native investors. and established a deep strategic partnership with other investor networks. Through deep insights into investor needs and cutting-edge knowledge of the Web3 industry, Bosera HashKey Virtual Asset ETF not only gained a firm foothold in the early competitive market, but also achieved steady growth in asset management scale. With the continuous deepening of cooperation and the continued development of the market, Bosera HashKey Virtual Asset ETF will be able to create more value for investors and play a more important role in the global virtual asset field.

In the ecological structure of Boshi HashKey ETF, Boshi International and HashKey Exchange, a subsidiary of HashKey Group, serve as two pillar partners, jointly promoting the product launch and market expansion of ETF. As a senior public fund management institution, Boshi International provides entrances and channels for traditional investors to access virtual assets. On the other hand, HashKey Exchange, as the first compliant virtual asset trading platform in Hong Kong, provides a solid infrastructure for the transaction execution and liquidity of Bosera HashKey Virtual Asset ETF.

In addition, the booming development of virtual asset ETFs also benefits from the active participation and promotion of regulatory agencies and industry leaders. The Hong Kong Exchange (HKEX), the Securities and Futures Commission (SFC), Hong Kong Legislative Council members Qiu Dagen and Wu Jiezhuang, etc. have provided valuable guidance and suggestions for the compliance development of the virtual asset ETF industry.

Looking to the future, HashKey Capital will continue to promote financial innovation, promote compliance development in the Web3 field, provide investors with more diversified investment options, and help the Web3 ecosystem further integrate into the mainstream financial market to achieve wider applications and recognized.

About HashKey Capital

HashKey Capital, as a crypto asset management company with global influence, is a leader in the field of digital assets and blockchain, and is committed to collaborating with institutions, founders and talents to jointly promote the long-term development of the blockchain industry. develop.

As one of the largest cryptocurrency funds and one of the earliest investors in Ethereum, HashKey Capital’s total assets under management have exceeded US$1 billion since its establishment. With its outstanding professional knowledge and in-depth market insights, HashKey Capital now manages its diversified investment portfolio, which includes more than 600 leading projects, covering institutional services, infrastructure, data, artificial intelligence, consumer services/technology, etc. Multiple areas.

In addition, HashKey Capital has also successfully launched a series of secondary fund products, including an actively managed fund, three virtual asset indices in cooperation with FTSE Russell, and was listed on the Hong Kong Stock Exchange (HKEX) The Bosera HashKey Bitcoin (3008.HK) and Ethereum (3009.HK) Spot ETFs.

With a deep understanding of the blockchain ecosystem, HashKey Capital has successfully built a strong ecological network that closely connects founders, investors, developers and regulatory agencies.

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