Hong Kong Regulator Reports Plan To Launch Mainstream Crypto ETF

With crypto moving into the mainstream, various jurisdictions are launching related products amid increased demand from investors. In this line, Hong Kong is the latest region to announce plans to launch a crypto exchange-traded fund (ETF) targeting mainstream cryptocurrencies such as Bitcoin (BTC). Hong Kong Securities and Futures Commission (SFC) CEO Leung Fung Yi believes the agency is actively working to establish an ETF authorization mechanism.


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