Bloomberg reports that Hong Kong could approve spot ETFs for Bitcoin and Ehtereum as early as Monday, citing people familiar with the matter.
Chinese asset manager Harvest Fund Management Company is expected to receive approval to operate as an issuer of both funds. The partnership between Bosera Asset Management Co. and HashKey Capital will likely also receive approval to offer both types of spot ETFs.
The full launch of both ETFs is expected at the end of April according to Bloomberg.
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