Crypto market maker Wintermute has announced its plans to provide liquidity to OSL and HashKey, two sub-custodians for Hong Kong’s spot Bitcoin and Ether exchange-traded funds (ETFs). This move aims to enhance Wintermute’s presence in the Asia crypto markets.
According to a statement released on Wednesday, Wintermute will work closely with OSL and HashKey to facilitate the buying, selling, and delivery of underlying Bitcoin and Ether for the spot ETFs.
Wintermute’s CEO Evgeny Gaevoy emphasized the role of ETFs in attracting institutional and retail investors to the crypto space, and praised Hong Kong for being a leading advocate for crypto in the Asia Pacific region.
Hong Kong launched six spot Bitcoin and Ether ETFs on April 30, managed by China Asset Management, Harvest Global, Bosera, and HashKey.
