CryptoDaily Briefs

Daily Brief Crypto: Crypto Moves #10 – Next and more

In today’s briefing:

  • Crypto Moves #10 – Next, Ethereum
  • Hong Kong Prepares to Launch First Spot Crypto ETFs in Asia

Crypto Moves #10 – Next, Ethereum

By Andreas Steno

  • The crypto industry’s big dream has become a reality.
  • The US Securities and Exchange Commission (SEC) gave the green light to 11 Bitcoin spot ETFs after the market closed yesterday.
  • Notably, this includes approval for BlackRock’s iShares Bitcoin Trust and the conversion of the Grayscale Bitcoin Trust into an ETF.

Hong Kong Prepares to Launch First Spot Crypto ETFs in Asia

By Caixin Global

  • Ten fund management companies are preparing to launch spot Exchange-Traded Funds backed by virtual assets in Hong Kong, according to an executive of crypto exchange operator HashKey Group.
  • Up to eight of the fund companies are at an “advanced stage” for the launch, Livio Weng, HashKey’s chief operating officer, told Caixin in an interview.
  • He didn’t provide any more details.

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