"Hong Kong Set to Approve Bitcoin and Ethereum ETFs, China's Financial Institutions Show Interest"

Hong Kong is reportedly considering approving spot bitcoin and ether exchange-traded funds (ETFs) as early as Monday, with potential trading by the end of the month, pending approval from the Hong Kong Exchanges & Clearing (HKEX). If approved, Harvest Global Investments and Bosera Asset Management (International) Co. and HashKey Capital could be the first to launch these products. This move is anticipated to have a significant impact on the cryptocurrency market and could position Hong Kong as a leading digital asset hub in Asia.