Crypto News Summary

1. Mainland Chinese investors are currently not allowed to participate in the trading of virtual asset spot ETFs in Hong Kong. (Source: Caixin)

2. The official website of the Hong Kong Securities and Futures Commission has listed Bitcoin and Ethereum spot ETFs, as well as the stock codes of ChinaAMC, Boshi, and Harvest.

3. Boshi HashKey Bitcoin and Ethereum ETFs will have zero management fees for the first four months.

4. Analysts: Management fees for Hong Kong's Bitcoin/Ethereum Spot ETFs are 0.3%, 0.6%, and 0.99%, respectively.

5. People familiar with the matter: Morgan Stanley is looking to allow brokers to actively promote Bitcoin ETFs to clients.

6. US prosecutors are seeking a 36-month prison sentence for Zhao Changpeng.

7. Binance founder Changpeng Zhao apologized before sentencing, and 161 others have sent letters of support.

8. The total net asset value of Bitcoin spot ETFs is now $55.82 billion, and the ETF net asset ratio is 4.27%.

9. KPMG: Nearly 40% of institutional investors surveyed in Canada will have exposure to cryptocurrencies in 2023.

10. Justin Sun's suspected address has once again withdrawn 7.1279 ETH from Binance, equivalent to approximately $22.28 million.

11. Upbit is fueling South Korea's cryptocurrency craze and is ranked among the top 5 exchanges globally.

12. The EU's anti-money laundering law has passed its final vote and officially imposes due diligence requirements on crypto companies.

13. The number of addresses holding stablecoins has increased by 15% this year to 93.6 million.