Today, the Hong Kong Securities and Futures Commission approved the Bitcoin and Ethereum spot ETFs, which is a continuously positive event for the future development of the entire crypto industry. In particular, the Ethereum spot ETF was approved ahead of other countries, which has a first-mover advantage.

The approval of the ETF will allow traditional funds to flow into the currency circle. The addition of these funds will fuel the bull market, which is also a positive for the capital side.

WEB3.0 is the future global trend, but it is still in the early stages of development. There is unlimited space in the future, but not everyone can participate in the WEB3.0 industry, because not everyone can recognize it.

Even if the current participants can persist to the end, it is hard to say. This industry has high professional requirements. People who don’t want to learn and only want to speculate will eventually be eliminated.

The approval of the spot ETF represents legality and compliance, and is supervised by the Securities and Futures Commission. Now currency friends don’t have to worry about others saying that you are not doing your job properly. You can tell him loudly that you are a Hong Kong stock trader^o^.