Hong Kong SFC Welcomes First Spot Bitcoin ETF Application
The Hong Kong SFC reportedly accepted the first spot Bitcoin ETF application in just a few weeks following the US SEC approval of the first spot BTC ETF.
Key Takeaways Regulatory authorities in Hong Kong are currently evaluating the feasibility of enabling retail investor access to spot ETFs investing in cryptocurrencies, with a focus on addressing regulatory concerns effectively. Securities and Futures Commission Chief Executive Officer Julia Leung,…