News Explorer — Hong Kong Approves Spot Bitcoin and Ethereum ETFs

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Apr 15, 5:59 pm

Coindesk

Hong Kong Approves Spot Bitcoin and Ethereum ETFs

Hong Kong regulators have approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), signaling the increasing institutionalization of crypto assets. Asset managers such as ChinaAMC, Harvest Global, and Bosera International have been granted licenses to launch these products. While Hong Kong positions itself as a crypto hub, the market size and potential influx of capital may not match that of the US.

Hong Kong regulators have approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), signaling the increasing institutionalization of crypto assets. Asset managers such as ChinaAMC, Harvest Global, and Bosera International have been granted licenses to launch these products. While Hong Kong positions itself as a crypto hub, the market size and potential influx of capital may not match that of the US.

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