Hong Kong's Securities and Futures Commission (SFC) is considering allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs), Bloomberg reports.

Hong Kong Explores Spot Crypto ETFs for Retail Investors

SFC CEO Julia Leung stated that they are open to innovations that leverage technology for improved efficiency and customer experience, and said, “We are happy to try this as long as new risks are addressed. Our approach is consistent regardless of the asset.”

Hong Kong's regulatory stance on individual access to digital assets has evolved over the year.

Initially, in January, the SFC tightened regulations by reserving access to crypto spot ETFs for professional investors with a portfolio of at least HKD8 million ($1 million).

But in October, the SFC revised its rulebook to enable a broader range of investors to participate in spot crypto and ETF investment.