Hong Kong's financial regulator has officially approved the first batch of spot Bitcoin and Ether ETFs for trading.
The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30.
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), declared the official approval of the first batch of Bitcoin and Ether ETFs on April 24, according to a press release shared with Cointelegraph.
The first batch of approved Hong Kong-based ETFs also include China Asset Management’s (ChinaAMC) Bitcoin and Ether-based ETFs, which will start trading on April 30.