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Hong Kong may allow staking for spot Ethereum ETFs as soon as | Coins▪︎Trading▪︎Crypto News

Hong Kong may allow staking for spot Ethereum ETFs as soon as this year: Animoca cofounder

Hong Kong asset managers are working to include staking within their spot ether exchange-traded funds in the hope of getting the staking reward feature approved this year, Animoca Brands Chairman Yat Siu said. Siu told The Block in an interview that Hong Kong is “having discussions now for staking” and that the likelihood of staking being approved in Asia ahead of the U.S. is an “almost foregone conclusion.”

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