Discussions for Spot Ethereum ETFs in Hong Kong Underway Amidst Bitcoin Frenzy
Hong Kong could soon have its own spot Ethereum ETF.
With the continuous excitement over spot Bitcoin ETFs propelling BTC to highs above $70,000, Hong Kong-based organizations are prepared to enter the race with their own offerings. While the demand for ETFs that provide exposure to Bitcoin for the retail market is increasing, a comparable vehicle for Ethereum has garnered substantial traction.
According to recent reports, eight financial institutions are seeking regulatory approval to create spot Bitcoin ETFs in Hong Kong. Interestingly, conversations about spot Ethereum ETFs are also ongoing.
https://cryptopotato.com/discu....ssions-for-spot-ethe
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