The Hong Kong arm of Harvest Fund Management, a major Chinese asset manager, reportedly submitted an application for a spot bitcoin exchange-traded fund (ETF) on Friday to the local financial regulator, as Hong Kong appears to get ready for its first batch of spot cryptocurrency ETFs soon.

Tencent News reported today that Harvest has submitted its application for a spot Bitcoin ETF to the Securities and Futures Commission, hoping to launch the city's first such ETF after the Lunar New Year holiday, which falls on Feb. 10 this year.

Harvest and the SFC did not immediately respond to The Block’s request for comment.

Earlier this month, Livio Weng, chief operating officer of Hong Kong crypto exchange HashKey, said that around 10 fund companies have started looking into launching potential …