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Hong Kong conditionally approves first bitcoin and ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of cryptocurrencies as investment tools. The company is "actively deploying resources in the development of spot Bitcoin ETF and spot Ethereum ETF", it said.

Kgaogelo MatshwiKgaogelo Matshwi
Apr 15, 2024 - 15:52
 0  7
Hong Kong conditionally approves first bitcoin and ether ETFs
Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of cryptocurrencies as investment tools. The company is "actively deploying resources in the development of spot Bitcoin ETF and spot Ethereum ETF", it said.
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