Hong Kong industry insiders are pushing regulators to approve spot cryptocurrency exchange-traded funds (ETFs).
It comes after the US approved spot Bitcoin ETFs, reinvigorating the Asian state’s desire to become Asia’s’ major virtual-asset hub. The city’s SFC revealed plans to authorize retail access to spot virtual asset ETFs in December 2023, and may follow through soon.
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Hong Kong industry insiders are pushing regulators to approve spot cryptocurrency exchange-traded funds (ETFs).
It comes after the US approved spot Bitcoin ETFs, reinvigorating the Asian state’s desire to become Asia’s’ major virtual-asset hub.
The city’s SFC revealed plans to authorize retail access to spot virtual asset ETFs in December 2023, and may follow through soon.
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