Ethereum

Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/hong-kong-set-to-approve-bitcoin-and-ethereum-etfs/" data-wpel-link="internal">Hong Kong Set to Approve Bitcoin and Ethereum ETFs</a> 
Hong Kong is on the verge of a groundbreaking move in the cryptocurrency space with the potential approval of exchange-traded funds (ETFs) directly linked to <a href="https://coin-turk.com/dogecoin-son-1-haftada-bitcoin-ve-ethereumdan-daha-iyi-performans-gosterdi" data-wpel-link="internal">Bitcoin</a> and <a href="https://coin-turk.com/bir-ethereum-kac-dolar-detayli-eth-grafik-analizi-ve-onemli-destek-seviyeleri" data-wpel-link="internal">Ethereum</a>. Sources familiar with the matter suggest that this approval could happen as early as Monday. Among those awaiting the green light are international organizations such as Harvest Fund Management Co. and a partnership between Bosera Asset Management and HashKey Capital. 
<h2 style="text-align: justify" id="hong-kong-may-jointly-approve-bitcoin-and-ethereum-etfs">Hong Kong May Jointly Approve Bitcoin and Ethereum ETFs</h2> 
Hong Kong is in fierce competition to position itself as the leading crypto asset hub in the region. If approved, these ETFs could significantly strengthen its position in this race. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-324484 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/bitcoin-etf-option-coin-turk-com-.jpg" alt="" width="800" height="600"> 
In the rapidly evolving environment of cryptocurrency investment, the launch of spot crypto ETFs could be a significant milestone. Both Harvest and Bosera plan to launch these ETFs by the end of the month after receiving regulatory permission from the Securities and Futures Commission (SFC). However, finalizing quotation details with Hong Kong Exchanges &amp; Clearing Ltd. remains an important step in this process. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-339427 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/Spot-Ethereum-ETF.png" alt="" width="1790" height="1186"> 
Although the likelihood of approval is high, it is important to remember that timelines are subject to last-minute adjustments. Therefore, the exact date of confirmation remains uncertain until official announcements are made. 
Despite the anticipation surrounding this development, spokespeople for the SFC and Harvest have refrained from making official comments. Similarly, there was no immediate response from HKEX, HashKey, or Bosera regarding these speculations. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/hong-kong-set-to-approve-bitcoin-and-ethereum-etfs/" data-wpel-link="internal">Hong Kong Set to Approve Bitcoin and Ethereum ETFs</a></h5>

Hong Kong Set to Approve Bitcoin and Ethereum ETFs

Table of Contents

COINTURK NEWS

Other articles published on Apr 12, 2024

BlackRock smashes $10.5T record in Q1 managed assets

Decimal main news

Best Crypto Presales to Invest in Ahead of Crypto Pump: Pullix, Kelexo and Scorpion Casino

Bitcoin Price Prediction: As Hilton Plans To Tokenize Debt On BTC In El Salvador, This New Learn-...

APTOS Navigates Uncertainty with $300M Token Unlocks Amid Rising Market Volatility

Crypto Analyst Predicts Bitcoin Build-Up Before Breakout, Updates Outlook on Two Altcoins

Join our free newsletter for daily crypto updates!