Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.
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Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.
Bloomberg exchange-traded funds analyst Eric Balchunas noted a particular uptick in volume for HODL and BTCW.
The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company’s application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.