Hong Kong Approves Latest Ethereum Staking ETF as New Rules Take Root
Summary
Hong Kong's Securities and Futures Commission approved staking services, enabling China Asset Management to launch a staking-enabled Ether ETF with OSL Digital Securities by May 15. This move aligns with Hong Kong's ambition to be a digital assets hub. Bosera International and HashKey Capital Limited also plan to launch a staking fund on April 25. The collaboration transforms ChinaAMC's Ether ETF into an active participant in Ethereum, offering proof-of-stake rewards. OSL, the first insured and SFC-licensed digital asset platform in Hong Kong, partners with Kiln for technical implementation, managing validator nodes and asset custody. Staking rewards will enhance the ETF's net asset value.