Boshi HashKey Bitcoin and Ethereum spot ETFs are officially listed on the Hong Kong Stock Exchange, supporting two-way subscription and redemption of ETF shares with virtual currency or cash

Hong Kong - April 30, 2024 - Boshi Funds (International) Limited ("Boshi International") and HashKey Capital Limited announced the Boshi HashKey Bitcoin ETF and Boshi HashKey Ethereum The ETF is officially listed on the Hong Kong Exchange (HKEX), with Boshi International as the fund manager and HashKey Capital Limited as the deputy fund manager. It is reported that this will be the first Bitcoin and Ethereum spot ETFs in Asia, with BTC: 3008.HK (Hong Kong dollars); 9008.HK (U.S. dollars) and ETH: 3009.HK (Hong Kong dollars); 9009.HK (U.S. dollars) respectively. The stock code was successfully listed on HKEX.

The highlight of the two ETFs is the introduction of the world's first "coin holding" redemption mechanism, which allows investors to directly use Bitcoin and Ethereum to subscribe for ETF shares. Investors can directly hold Bitcoin and Ethereum to subscribe for ETF shares, and cash redemption is supported. At the same time, cash subscription for ETF shares also supports Bitcoin and Ethereum redemption. This innovative currency holding redemption mechanism helps investors realize the two-way circulation of virtual assets and traditional assets.

In addition, the two ETFs respectively track the CME CF Bitcoin Asia-Pacific Reference Exchange Rate and the CME CF Ethereum USD Asia-Pacific Reference Exchange Rate.

“The launch of Boshi HashKey Bitcoin ETF and Boshi HashKey Ethereum ETF marks that cryptocurrencies are gradually becoming mainstream,” said Deng Chao, CEO of HashKey Capital. "These innovative ETFs not only provide investors with a convenient investment channel, but also echo our commitment to promote innovation in the virtual asset ecosystem."

It is worth emphasizing that if it complies with Hong Kong regulations Requirements (such as CDD/KYC requirements), non-Hong Kong identity persons can also easily purchase Boshi HashKey Bitcoin and Ethereum spot ETFs.

Bosera HashKey Bitcoin ETF and Bosera HashKey Ethereum ETF are now listed for trading on the Hong Kong Stock Exchange.

Note: The stock codes of BTC: 3008.HK (Hong Kong dollars); 9008.HK (USD) and ETH: 3009.HK (Hong Kong dollars); 9009.HK (USD) are now officially listed on the Hong Kong Exchange ( HKEX) listed.

About HashKey Capital

HashKey Capital is an asset management institution under the HashKey Group focusing on blockchain technology and digital assets, and is a dedicated A global asset management institution that invests in blockchain technology and digital assets, its current asset management scale exceeds US$1 billion.

As one of the largest and most influential blockchain investment institutions in Asia, and also the earliest institutional investor in Ethereum, HashKey Capital exerts its leading goose effect, connecting Web2 and Web3, and connecting with entrepreneurs and investors. , communities and regulatory agencies work together to build a sustainable blockchain ecosystem.

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