Hong Kong Reportedly Set to Approve First Bitcoin and Ethereum ETFs

Two asset management firms are ready to launch their ETFs by the end of the month, pending final approvals from the Securities and Futures Commission (SFC) and finalizing listing arrangements with Hong Kong Exchanges & Clearing Ltd. The firms are prepared to introduce their ETFs contingent upon receiving the necessary approvals from the SFC and completing the listing arrangements with Hong Kong Exchanges & Clearing Ltd.