ET Net Finance Receives SFC Approval to Upgrade Physical Redemption Mechanism for Digital Asset ETFs
According to official sources reported by Jinse Finance, Eddid Financial has announced that it has received approval from the Hong Kong Securities and Futures Commission to upgrade the in-kind creation and redemption mechanism for its digital asset ETFs. Users will now be able to directly subscribe to and redeem spot Bitcoin (BTC) or Ethereum (ETH) ETFs using cryptocurrencies through their Eddid ONE virtual asset accounts.
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