Conditional permissions have been given to asset managers to launch bitcoin and ether spot exchange-traded funds. These authorizations come from the Hong Kong regulator

After the New York Stock Exchange, it was the Hong Kong Stock Exchange that gave its provisional approval to the launch of the first listed funds (ETFs) backed by bitcoin and ether. The launch of these funds listed in the United States opened the doors of Wall Street wide to Bitcoin and put the eyes of global finance on the crypto market. An undeniable success for major American fund managers, including the giants BlackRock and Fidelity, which launched their best ETF launch in the last thirty years