Hong Kong Exchanges and Clearing Ltd. (HKEX) announced the launch of the “HKEX Virtual Asset Index Series” on Nov. 15, aiming to offer a reliable reference price for Bitcoin and Ether in the Asian market. This new index will provide transparency for crypto assets during Asian trading hours.
Index Series to Boost Investment Insights
The HKEX Virtual Asset Index Series will provide individual reference rates for Bitcoin and Ether, helping investors make informed decisions based on real-time data. This development supports Hong Kong's growing position as a global financial center for virtual assets.Part of a Broader Crypto Strategy
HKEX’s move follows its launch of Asia’s first spot crypto ETFs earlier this year. Although interest in the ETFs has been moderate, the introduction of price indices aims to strengthen Hong Kong’s role in the virtual asset ecosystem and foster better transparency for investors.
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