Hong Kong Approves First Bitcoin & Ether ETFs | ZeroHedge
Authored by Helen Partz via CoinTelegraph.com,
Hong Kong’s securities regulator reportedly approved the in-kind creation model for Bitcoin and Ether ETFs instead of the cash-create model in the United States.
Hong Kong has become the latest country to approve spot exchange-traded funds (ETF) for Bitcoin and Ether, with local regulators issuing approvals to at least three local issuers.
The Hong Kong Securities and Futures Commission (SFC) conditionally approved its (more…)