Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
Summary
Hong Kong may approve spot bitcoin and ether exchange-traded funds (ETFs) as early as Monday, according to Bloomberg. If listing details are finalized with Hong Kong Exchanges & Clearing, the products could be launched by the end of the month. Harvest Global Investments, a major Chinese asset-management company, and a product by Bosera Asset Management (International) Co. and HashKey Capital, could be the first to receive approvals. The approval of these ETF products could be a significant event for cryptocurrencies and could position Hong Kong as Asia's leading digital-asset hub.
