ETFs
Bosera HashKey Virtual Asset ETFs Surpass $110 Million in Assets Under Management
Key points to remember
- HashKey Capital’s Bosera HashKey Virtual Asset ETFs have surpassed USD 110 million in assets under management.
- The success of Bosera HashKey ETFs is based on strategic partnerships with Bosera International and HashKey Exchange, as well as active regulatory engagement.
HashKey Capital’s Bosera HashKey virtual asset ETFs have surpassed a total of US$110 million in assets under management (AUM), with the Ether ETF (3009.HK) holding over 6,000 ETH and the Bitcoin ETF (3008.HK) surpassing US$90 million.
Strategic leadership and early adoption
Since its inception in 2015, HashKey’s founding team has been at the forefront of the global blockchain and cryptocurrency ecosystem. As early institutional investors in Ethereum, they have played a critical role in driving its growth in the Asia-Pacific region, leveraging their first-mover advantage in the convergence of traditional finance and Web3 technologies.
HashKey Capital, a subsidiary of HashKey Group established in 2018, has quickly become one of the leading venture capital funds in Asia, known for its rigorous adherence to regulatory and compliance standards. The company’s global strategy emphasizes resource sharing and local ecosystem development, thereby contributing significantly to the advancement of blockchain technology worldwide.
Even during the difficult bear market of 2022, HashKey Capital has demonstrated resilience by Raising a $500 million venture capital fund IIIbreathing new vitality into the Web3 community. Over the past six years, HashKey has invested in over 600 blockchain projects, fostering the growth of the global blockchain ecosystem.
Regulatory and Compliance Milestones
The company’s regulatory achievements include obtaining a Type 9 license extension in Hong Kong in 2022, a financial markets services license in Singapore in 2023, and subsequent upgrade and approval of additional licenses in Hong Kong this year.
These important milestones enable HashKey Capital to offer comprehensive crypto asset management and advisory services to professional and retail investors, with plans to expand into the marketing and distribution of private funds and derivative products linked to virtual assets, pending further regulatory approvals.
HashKey Capital’s secondary market product development includes the launch of its first actively managed liquid virtual asset fund in September 2023.
In collaboration with FTSE Russell, the company launched three major indices in January 2024 to track global digital assets. Subsequently, the successful launch of Bosera HashKey’s Bitcoin ETF and Ether ETF on the Hong Kong Stock Exchange in April 2024 marked a significant milestone in introducing crypto assets to traditional financial markets.
Robust ecosystem and strategic partnerships
The success of these ETFs is closely linked to a robust ecosystem supported by HashKey Capital. Through strategic partnerships with traditional financial institutions, sovereign wealth funds, multinational conglomerates, family offices, and crypto-native investors, HashKey Capital has seen consistent growth in asset management.
This ecosystem is strengthened by Bosera International and HashKey Exchange, key partners in launching and expanding the ETF market presence. Bosera International connects traditional investors with virtual assets, while HashKey Exchange, Hong Kong’s first regulated virtual asset trading platform, provides the necessary trade execution and liquidity.
The active participation of regulators and industry leaders, including the Hong Kong Exchanges and Clearing Limited (HKEX), the Securities and Futures Commission (SFC) and members of the Hong Kong Legislative Council, has been crucial in shaping the regulatory framework for virtual asset ETFs.
Going forward, HashKey Capital aims to expand investors’ access to diverse investment opportunities and more deeply integrate the Web3 ecosystem into mainstream financial markets.
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