The Hong Kong Stock Exchange (HKEX) is set to introduce a pioneering index in Asia for cryptocurrencies.
The HKEX Virtual Asset Index Series, launching on November 15th, will cover Bitcoin and Ethereum and will be the first EU-regulated crypto index in the region.
The index will provide transparent and reliable real-time benchmark prices for Bitcoin and Ethereum based on a 24-hour volume-weighted benchmark spot price.
This initiative strengthens Hong Kong's position as a financial hub and integrates cryptocurrencies into the broader stock market.