Ade Financial has received approval from the Hong Kong Securities and Futures Commission to upgrade the physical subscription and redemption mechanism for digital asset ETFs.

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According to a report by Golden Finance, Ed Financial has announced that it has obtained approval from the Hong Kong Securities and Futures Commission to upgrade the physical subscription and redemption mechanism for digital asset ETFs. Users will be able to directly subscribe and redeem Bitcoin (BTC) or Ethereum (ETH) Spot ETFs using crypto assets in their Eddid ONE virtual asset accounts.

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