Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ETHEREUM NEWS»Spot Bitcoin, Ethereum ETF approved in Hong Kong
ETHEREUM NEWS

Spot Bitcoin, Ethereum ETF approved in Hong Kong

By Crypto FlexsApril 15, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Spot Bitcoin, Ethereum ETF approved in Hong Kong
Share
Facebook Twitter LinkedIn Pinterest Email

If we do the research, you can get alpha!

Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!

Go to Alpha Report

Hong Kong’s securities regulator has given conditional approval to a number of spot Bitcoin and Ethereum ETF applications.

In separate statements on Monday morning, China Asset Management and Harvest Global Investments announced that the Hong Kong Securities and Futures Commission (SFC) had approved their application in principle. Harvest Global Investments has since taken down the statement and is waiting for an official statement from regulators.

Digital asset platform OSL announced in a separate press release that it will serve as a “sub-custodian partner” for China Asset Management and Harvest Global Investments’ ETFs.

Bosera Asset Management also reportedly announced that it received conditional approval for its application for an ETF jointly managed with Hash Key Capital.

OSL CEO Patrick Pan said in a statement that OSL’s appointment as China Asset Management’s sub-custodian “reflects the trend of reputable partnerships seen in the U.S. market and advances digital asset investments in Hong Kong.” “It shows our will to do it,” he said.

This news comes just months after the U.S. Securities and Exchange Commission (SEC) approved applications for several spot Bitcoin ETFs, which have attracted billions of dollars in inflows since their launch in January.

However, the US SEC has been more reluctant to approve a spot Ethereum ETF, delaying its response to several applications. Meanwhile, the Ethereum Foundation said it was being investigated by “state authorities,” which were not identified as U.S. regulators but contributed to growing pessimism among analysts about the chances of an Ethereum ETF being approved.

While mainland China has been cracking down on cryptocurrencies for years, Hong Kong has embraced the sector, launching a virtual asset trading platform (VATP) licensing scheme in June 2023 to establish itself as a cryptocurrency hub.

In August 2023, HashKey and OSL became the first licensed cryptocurrency exchanges to serve retail users in Hong Kong.

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin News Today: Ether (ETH) is 5K $ 5K and BTC Eyes is recorded as Powell Sparks Rally. DAT transaction risk: Be careful with asset managers

August 23, 2025

$ 500m liquidation Rock Ethereum and Bitcoin: Do the collisions fuel to the whale accumulation?

August 19, 2025

Ether Leeum can increase to $ 15 million as the institution accumulates: Study

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Newcastle United Announce Multi-year Partnership With BYDFi

August 26, 2025

R0AR Chain Launches Public Node Sale Following $1 Million Whitelist Success

August 26, 2025

Easy Cloud Mining, High Daily Returns

August 26, 2025

Crypto liquidation exceeds $ 900m after the Fed Chair ‘s jackson hole speech.

August 26, 2025

What happened in Crypto today

August 26, 2025

BitMine Immersion (BMNR) Reigns as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally and the 20th Most Liquid US Stock, Trading $2.8 Billion per Day on Average

August 25, 2025

Gamdom Launches Next-Level Sportsbook Experience

August 25, 2025

NE-YO Partners With Neura To Transform Entertainment With Emotional AI

August 25, 2025

Mine BTC Daily With Okalio Mining, Allowing You To Earn Steady Profits Without Investing In Equipment!

August 25, 2025

HKGAI And FLock.io Partner To Advance Decentralised AI For Government Efficiency

August 25, 2025

BNB chain overtakes polygons with NFT sales on the 7th.

August 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Newcastle United Announce Multi-year Partnership With BYDFi

August 26, 2025

R0AR Chain Launches Public Node Sale Following $1 Million Whitelist Success

August 26, 2025

Easy Cloud Mining, High Daily Returns

August 26, 2025
Most Popular

Get a steady income and easily earn 500-10631$ per day (suitable for everyone).

January 13, 2025

Investors back zkSync’s Zyfi with $2 million to solve DeFi problems.

June 11, 2024

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.