Harvest Global and MetaComp Team Up to Launch Crypto ETFs in Singapore
May 10, 2024
Hong Kong's Harvest Global Investments partners with Singapore's MetaComp to launch cryptocurrency spot ETFs.
The partnership includes distributing Harvest's asset management products on MetaComp's Camp platform and utilizing MetaComp's digital token services.
Plans are underway to potentially include these cryptocurrency ETFs in the ETF Connect scheme for mainland Chinese investor access to bitcoin and ether products.
CEO Han Tongli anticipates the partnership will enhance market confidence and attract new investors.
Three Chinese asset managers have initial approval for BTC and ETH backed ETFs, indicating growth in the cryptocurrency ETF market.
Summary based on 4 sources
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Sources
Financial Times • May 9, 2024
Harvest partnership to bring HK-listed crypto ETFs to Singapore
South China Morning Post • May 9, 2024
Harvest CEO already thinking of getting its spot crypto ETFs on Stock Connect
Coinpedia Fintech News • May 9, 2024
Hong Kong’s Bitcoin and Ethereum Spot ETFs Coming to Singapore
We Translate Bitcoin to Plain English • May 9, 2024
First Crypto ETFs Coming to Singapore via Harvest Global And MetaComp Alliance