Hong Kong Stock Exchange: Virtual asset spot ETFs can be used for margin financing, depending on the risk management policies of individual exchange participants

ChainCatcher news, the Hong Kong Exchanges and Clearing Limited (HKEX) issued a notice regarding the "Launch of Virtual Asset Spot Exchange-Traded Funds," stating that similar to products traded on other exchanges and stocks, virtual asset spot exchange-traded funds can be subject to margin financing, 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 to clients for trading such products, and exchange participants should comply with the Securities and Futures Commission's guidelines on securities margin financing activities.