According to Odaily Planet Daily, some fund companies have stated that they have obtained the conditional and in-principle approval of the Hong Kong Securities and Futures Commission for virtual asset spot ETFs. In response to inquiries from Hong Kong media, the Hong Kong Securities and Futures Commission stated that investment products approved by the Securities and Futures Commission will be listed on the list of investment products for public sale on the Securities and Futures Commission's website. The Hong Kong Securities and Futures Commission pointed out that if the ETF product applied for generally meets the requirements of the Commission, a conditional authorization letter will be issued, but various conditions must still be complied with, including payment of relevant fees, submission of documents, and listing approval from the Hong Kong Stock Exchange. The relevant fund companies will submit their applications to the Hong Kong Stock Exchange in the next step.