Mainland Chinese fund companies are actively exploring the possibility of launching spot Bitcoin ETFs through their Hong Kong subsidiaries. Among these, the China Southern Fund, with assets reportedly amounting to $284 billion, has applied to launch such an ETF. This move is part of a broader trend, with multiple Chinese institutions, including giants like Harvest Fund and China Southern Fund, seeking to introduce Bitcoin ETFs in Hong Kong. Additionally, Chinese asset managers with over $200 billion in assets have applied for spot Bitcoin ETFs in Hong Kong, as reported by a state-backed newspaper. These developments come as Bitcoin approaches new all-time highs, trading approximately 1.50% from these levels. The interest in Bitcoin ETFs in Hong Kong is reported by both industry sources and state-backed newspapers, highlighting the significant attention this investment avenue is receiving.