| 英文摘要 |
The issuance and trading of virtual assets is quite common internationally, and the number of spot or futures ETFs approved for listing of virtual assets is increasing day by day. Can virtual assets and their spot or futures ETFs be the subject of transactions for our country’s investors? The current financial institutions or securities investment trust companies can issue or sell virtual asset ETFs that have been issued. Securities that have been listed on overseas exchanges or OTCs can be the subject of re-delegation and re-entrusted transactions by securities firms in accordance with current laws and regulations. In addition, according to previous letters and orders from the competent authorities, they are also belong to the approved securities. However, the financial supervision authority have Completely change supervision policies and attitudes. When released internationally and issuance of virtual asset spot ETFs, the prohibition has been repeatedly reiterated. This may take into account the domestic financial order and the protection of traders. However, inconsistent supervision policies conflict with the logic of legal interpretations, and current market practices include traders. Many times, this strange phenomenon really needs to be carefully reviewed. This article intends to conduct an in-depth analysis and discussion from the legal and practical perspectives, and hopes to provide suggestions and opinions that are beneficial to the reasonable opening of the market and sound supervision. |
