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Standard Kepler Research

Surveillance-Sharing Agreements Key to BTC ETF Approval
Standard Kepler
We hold a cautious view on the approval of the first spot bitcoin ETF by the SEC, primarily due to the condition of a surveillance-sharing agreement (SSA).
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Decoding Bitcoin Investment Vehicles: A Comparative Analysis of GBTC, BITO, and Hong Kong BTC ETFs
Standard Kepler
Investors interested in Bitcoin exposure have a plethora of options. However, the decision-making process should consider elements like fund structure, regulatory environment, asset size, trading venue, and fees.
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A Simplified Guide to Obtaining a Virtual Asset Service Provider (VASP) License in Hong Kong
Standard Kepler
Obtaining a Virtual Asset Service Provider (VASP) license in Hong Kong requires compliance with the Guidelines for Virtual Asset Trading Platform Operators introduced by the Securities and Futures Commission (SFC) on 1 June 2023.
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