1. The Hong Kong branch of Harvest Fund Management Company Limited has filed an application with the Securities and Futures Commission (SFC) of Hong Kong, in which it wants to launch a Bitcoin spot exchange-traded fund (ETF). This ETF will be listed after Lunar New Year. This makes Harvest the first institution to apply for a Bitcoin spot ETF in Hong Kong.

2. Hong Kong's Financial Authorities have expressed concern over Floki Inu Staking. The SFC notes that these products offer staking services with promised annualized returns ranging from 30% to 100%, but their public sale is not authorized in Hong Kong.$BTC $ETH