Harvest Global CEO Tongli Han discusses the competitive fee structure of their crypto currency ETF in Hong Kong, offering free for the first six months before applying a 0.3% rate. Han emphasises the company's long-term goal of not generating immediate profits but building a complete ecosystem where all partners can thrive. He explains that the strategy is to attract crypto investors through innovative products such as ETFs on Bitcoin and Ether, which can be used as collateral for funding. Harvest Global plans to launch more sophisticated ETF products, including inverse and multiplier ETFs, as well as covered bonds based on their ETFs.

Han also discusses Hong Kong's unique position as a financial centre connecting East and West, and its potential for growth in digital assets. Despite the regulatory challenges and relative immaturity of Hong Kong's digital asset ecosystem compared to the US, he remains optimistic about Hong Kong's competitiveness. He mentions that the future of investment from mainland China into crypto-currency ETFs in Hong Kong will depend on regulatory developments and regulators' perception of risk.

 


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