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Hong Kong regulator approves bitcoin and ether ETFs

People at the MTR Mong Kok Station in Kowloon, Hong Kong.
Photo: Getty Images

Opinions are divided on the wider market impact.

Following the US SEC’s approval of bitcoin ETFs in January, the Hong Kong regulator has gone a step further, giving the green light to both ether and bitcoin ETFs.

The Hong Kong Securities and Futures Commission (SFC) confirmed approval of China Asset Management and Bosera Asset Management bitcoin ETFs, the