Hong Kong Bitcoin, Ethereum spot or futures ETF related products are temporarily not open to mainland investors

According to Beijing Business Daily, products related to Bitcoin, Ethereum spot ETFs, or Bitcoin and Ethereum futures ETFs are not currently open to mainland investors. Southern Dongying stated that as more market participants enter, the demand for Bitcoin futures ETFs in Hong Kong, China is expected to further increase, and the scale and trading volume will further increase. The reduction in Bitcoin supply will further increase the Bitcoin price, drive market positive sentiment, and further increase demand for Bitcoin futures ETFs. Southern Dongying also mentioned that its subsidiary funds are not directly or indirectly sold to legal persons or natural persons in mainland China, nor are they sold for their interests. In addition, legal persons or natural persons in mainland China may not directly or indirectly purchase Southern Dongying's Bitcoin futures ETF or Southern Dongying's Ethereum futures ETF without obtaining all necessary government approvals in advance.