According to online reports, according to Hong Kong media disclosure, the Hong Kong Stock Exchange will launch the Hong Kong Stock Exchange Virtual Asset Index series today, which will provide a transparent and reliable real-time price benchmark for the pricing of Bitcoin ( BTC ) and Ethereum ( ETH ) in Asian time zones., provide a unified reference price for virtual assets and resolve price differences among virtual assets between global exchanges. Specifically, the reference index is based on the benchmark spot price weighted by the 24-hour trading volume of Bitcoin or Ethereum, calculated based on aggregated market prices on multiple major virtual asset exchanges, and is denominated in U.S. dollars immediately. The reference exchange rate is designed for the settlement of financial products and is calculated at 4 pm Hong Kong time every day. The launch of this index series is also part of Hong Kong's move to build Asia's leading digital asset center. Ip Zhiheng, executive director of the Intermediary Department of the Hong Kong Securities and Futures Commission, has previously pointed out that virtual asset trading platform licenses will be issued before the end of this year, the virtual asset trading platform advisory group will be launched early next year, and the tokenization and Ensemble projects will continue to be supported.