đ„Hong Kong could give green light to Bitcoin and Ethereum spot ETFs
Regulators in Hong Kong could approve spot #ETF based on #Bitcoin and #Ethereum as early as Monday, according to a Bloomberg publication that cited people familiar with the matter.
If the listing details are resolved in time with the Hong Kong Exchange and clearing, these products could be launched by the end of this month, the report shows. In addition, the Chinese asset manager Harvest Fund Management Company would be one of the issuers of the Bitcoin and Ethereum spot ETFs.
This approval is considered important as it could establish Hong Kong as the main digital #activos hub in Asia.
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