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
- 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
- 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.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
