Introduction:
Hong Kong is considering allowing spot exchange-traded funds (ETFs) that directly invest in cryptocurrencies. Julia Leung, Chief Executive Officer of the Securities and Futures Commission (SFC), revealed that the option of granting retail investors access to spot crypto ETFs is under consideration, subject to addressing regulatory concerns effectively. In a recent interview with Bloomberg, Leung emphasized the SFC’s openness to embracing innovative technologies that enhance efficiency and customer experience while managing potential risks.
