Hong Kong just achieved a significant victory in the realm of bitcoin. The Securities and Futures Commission (SFC) approved the trading of Bitcoin and Ethereum ETFs, making Hong Kong the first to provide Ethereum ETFs, while the United States is still considering the matter.
The SFC has approved the launching of Bitcoin and Ethereum ETFs by major firms such as China Asset Management, Bosera Capital, and HashKey Capital Limited. Investors can now buy these ETFs and actively participate in the Bitcoin and Ethereum markets.
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