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Hong Kong approves first batch of spot bitcoin, ether ETFs in | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News

Hong Kong approves first batch of spot bitcoin, ether ETFs in drive to become crypto hub

Hong Kong approved the applications of several spot bitcoin and ether exchange-traded funds on Monday, as the region continues its drive to become a regional crypto hub. China Asset Management, a major Chinese asset manager, said that its Hong Kong unit has received approval in principle from the Hong Kong Securities and Futures Commission to offer retail asset management services related to spot crypto ETFs.

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