Bosera HashKey spot Bitcoin ETF cash redemption time is T+3 days, physical redemption is T+0 days

According to ChainCatcher news, as disclosed by "Live Report", investors wishing to subscribe to the Bosera HashKey spot Bitcoin ETF need to have a brokerage account. On T day, they must submit a "share creation instruction" through the broker and simultaneously deposit cash/holdings into the account, waiting for the Hong Kong Central Clearing and Settlement System (HKSCC) to create ETF shares. ETF shares can be received on T+2 days. When redeeming, investors can choose to sell in the primary/secondary market. If redeeming in the primary market, they need to submit a "share redemption instruction" through the broker on T day. After the HKSCC cancels the ETF shares, cash redemption will be received on T+3 days, while physical redemption will be received immediately on T+0 days.