Virtual Asset
Trading virtual assets (VA) on Victory is as straightforward as trading stocks—no need for wallets or complicated exchange procedures. Victory connects directly to licensed exchanges, providing dual layers of protection for your investments and trading activities, ensuring the highest standards of safety and reliability. Protected by third-party insurance provided by our licensed exchange partners, your assets are safeguarded against hacking risks.
- The 1st Cryptocurrency Brokerage in Hong Kong by trading volume.
- The First SFC-Licensed Corporation in Hong Kong authorized to provide a full suite of virtual asset trading, advisory, and asset management services.
A broad range of investment products for flexible opportunity capture
Hong Kong Bitcoin Spot ETFs
Hong Kong Ethereum Spot ETFs
Hong Kong Solana Spot ETFs
Hong Kong Ethereum Futures ETFs
Hong Kong Bitcoin Futures ETFs
Hong Kong Virtual Asset Exchange Traded Funds (VA ETFs) are exchange-traded funds listed on the Hong Kong Exchanges and Clearing Limited (HKEX). Hong Kong VA ETFs are categorized into Spot VA ETFs and Futures VA ETFs, which provide indirect or direct exposure to virtual assets (such as Bitcoin (BTC) and Ethereum (ETH)) by investing in either spot virtual assets or virtual asset futures contracts, respectively. These funds are professionally managed by experienced fund managers, with the underlying assets held by qualified and compliant custodians.
Traded through standard securities accounts like stocks
Eliminating the need for digital wallet management
Strictly regulated by the SFC
Aligned with HKEX trading hours (09:30 – 16:00)
| Aspect | Hong Kong VA Spot ETF | Hong Kong VA Futures ETF |
|---|---|---|
| Investment. Target | Direct exposure to underlying virtual assets (e.g. BTC, ETH), held via regulated custodians | Suitable for investors seeking straightforward, long-term exposure to virtual assets |
| Price Tracking | Closely track spot market prices (Real-time virtual asset market prices) | Tracks futures prices, which may deviate from spot prices due to futures curve effects (contango / backwardation) |
| Trading & Settlement | Supports both in-cash and in-kind subscription and redemption, with in-kind settled in virtual assets | Primarily cash-based subscription and redemption, without virtual asset delivery |
| Risk Profile | No futures expiry or rollover risk, directly reflecting higher price volatility of virtual assets (VA). | Generally moderate to higher complexity; returns may be affected by rollover costs and futures curve dynamics |
| Investor Suitability | Suitable for investors seeking straightforward, long-term exposure to virtual assets | Suitable for investors familiar with futures markets and comfortable with higher risk and return volatility |
Victory is the first Participating Dealer (PD) in Hong Kong to support In-kind subscription and redemption for VA spot ETF. Compared to standard retail channels, the PD subscription model offers significant efficiency advantages, particularly for institutional and HNWI.
High-efficiency in-kind subscription and redemption
Connectivity to licensed exchanges with custody protected by third-party insurance
Support for Token In/Out, Direct Fiat Trading (HKD/USD)、Instant Convert Stablecoin
Low Entry Threshold from US$1, Free real-time quotes on VictoryX
