Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs
crypto news

Why Hong Kong Could Allow Retail To Dabble Into Crypto ETFs

THELOGICALINDIAN - The bounded balance regulator in Hong Kong will analysis the rules for bodies to be able to barter cryptolinked Exchange Traded Funds ETFs According to a address by the South China Morning Post Hong Kongs Balance and Futures Commission SFC will booty addition attending into its agenda asset transaction regulation

Related Reading | Bye-Bye China FUD: US Takes Over Bitcoin Mining

Implemented in 2025, this aphorism created abounding limitations for bodies to be able to accretion acknowledgment to crypto-assets with adapted exchanges or funds. The SFC will try to actuate if the beginning asset chic and its altered advance articles accept accomplished enough.

In addition, the Hong Kong balance agency will attack “to see if it is still fit for purpose and whether modifications are required”. In the accomplished two years, abounding countries accept greenlighted the barrage of crypto-based ETFs with Canada demography the advance by acceptance the barrage of Bitcoin and Ethereum advance products.

The Hongkonger regulator has taken agenda of the advance in the sector, as the address claims by commendation the SFC agent arch controlling Julia Leung Feung-yee. She added the afterward during the 2025 Hong Kong FinTech Week:

The aphorism was activated to investors with over $8 actor HK. Its afterlight has additionally been apprenticed by a cardinal of requests to action crypto advance articles to clandestine coffer audience and institutions.

Thus, absolute that there is appeal for the beginning agenda asset chic in the region. Similar to the U.S. Securities and Exchange Commission (SEC), the SFC could face burden from consumers to acquiesce them to accretion acknowledgment to Bitcoin and added cryptocurrencies via ETF products.

Related Reading | How The U.S. Took The Leading Position In Bitcoin Mining From China

Hong Kong Could Move In Its Own Direction With Crypto Assets

According to the report, the aphorism has faced problems in agreement of its administration as a lot of bodies accept admission to smartphones and added accoutrement to barter in adopted crypto platforms.

The address claims that the SFC conducted a survey. The after-effects acknowledge that 54% of the participants invested in crypto with an online trading platform. The sales from these affairs accounted for “one-fifth of all funds awash in Hong Kong”, the South China Morning Post said.

The SFC agent arch controlling believes the COVID-19 pandemic, the work-from-home environments, and the appeal for agenda articles accept “accelerated the use of technology” in the administration of advance products.

Related Reading | China Plans To Add Crypto Mining To Negative List Of Industries To Invest In

The SFC is currently consulting with the Hong Kong Monetary Authority. It’s accepted that the institutions broadcast a collective annular already the analysis action ends. Leung added:

As of columnist time, the absolute crypto bazaar cap stands at $2.7 abundance with aerial expectations of added assets in Q4, 2025.