An official from Huaxia, Zhu Haokang, expressed confidence in the Hong Kong virtual asset spot ETF's debut trading volume surpassing that of the United States. In the US, ten Bitcoin spot ETF issuers saw a $125 million trading volume on their first day earlier this year, a milestone that Hong Kong aims to outshine.

The upcoming ETFs in Hong Kong will introduce unique features not found in their US counterparts, including in-kind redemptions, multi-currency transaction capabilities (Hong Kong dollars, US dollars, RMB), and wallet-to-wallet transfers, making them more appealing to a global audience. Wayne Huang, the OSL ETF Project Lead, highlighted Hong Kong's robust regulatory framework supporting these initiatives.

While mainland Chinese investors are currently unable to participate in these offerings, investors from Hong Kong and other regions are eligible to do so. Hong Kong's innovative operational procedures, like physical subscriptions and strict anti-money laundering protocols, establish a higher standard in the cryptocurrency ETF sector.

Huang also noted that physical subscription, a groundbreaking concept for Hong Kong ETFs, requires investors to securely transfer their digital assets through approved brokerage firms.