Hong Kong is poised to approve spot Bitcoin and Ether exchange-traded funds (ETFs) as soon as next week, with HashKey anticipated to be among the initial recipients of approval.
The company recently enhanced its license with the Securities and Futures Commission (SFC), granting it the authority to oversee digital asset products for retail investors.
HashKey has formed a partnership with Bosera International to promote the development and expansion of specific industries, facilitating the introduction of these groundbreaking spot ETFs.
The overseas division of Harvest Fund Management is also being considered for approval. These approvals may indicate a noteworthy change in the acceptance of crypto investments and enhance Hong Kong’s position as a pioneer in crypto finance.
Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.
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