Hong Kong to Introduce Spot Crypto ETF Trading by End of April

Hong Kong has been making efforts for over a year to position itself as a tightly regulated hub for the virtual asset industry, aiming to restore its status as a leading financial center. The city already allows futures crypto ETFs, including CSOP Bitcoin Futures, CSOP Ether Futures, and Samsung Bitcoin Futures, with a combined asset under management of about $175 million.

Despite this, Hong Kong plans to introduce spot crypto ETFs, and according to ETF Analyst Rebecca Sin, these products could amass around $1 billion in assets under management by 2026.