"Hong Kong Set to Approve Bitcoin and Ether ETFs, Unleashing Potential Market Impact"

1 min read
Source: The Block
"Hong Kong Set to Approve Bitcoin and Ether ETFs, Unleashing Potential Market Impact"
Photo: The Block
TL;DR Summary

Hong Kong regulators are expected to approve spot ETFs for bitcoin and ether as early as Monday, with Harvest Fund Management Company and a partnership between Bosera Asset Management (International) Co. and HashKey Capital likely to receive approval as issuers. The anticipated approvals come after the Hong Kong Securities and Futures Commission signaled its intention to increase institutional investors' access to digital asset-based investments, following previous clearances for managing cryptocurrency-based funds.

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