Hong Kong Stock Exchange: Virtual asset spot trading exchange-traded funds can be margin financed

ChainCatcher news, Hong Kong Exchanges and Clearing Limited (HKEX) issued a notice regarding the "Launch of Virtual Asset Spot Exchange-Traded Funds," stating that, similar to other exchange-traded products and stocks, virtual asset spot exchange-traded funds can be margin financed, depending on the risk management policies of individual exchange participants.

However, given the high volatility of virtual asset spot exchange-traded funds, exchange participants should exercise particular caution when providing margin financing for clients to trade such products, and exchange participants should comply with the Securities and Futures Commission's guidelines on securities margin financing activities.