Weng Xiaoqi: Hong Kong is closely discussing the preparation for the Ethereum spot ETF, and the first batch of approved Bitcoin ETFs may be less than 11

ChainCatcher news, the CEO of the Hong Kong licensed virtual asset trading platform HashKey Exchange and COO of HashKey Group, Ong Siu Kee, stated that the Ethereum spot ETF is currently the most anticipated product among global crypto investors. The Ethereum spot ETF in Hong Kong is under close discussion and preparation, and if the relevant products can be launched earlier than in the United States, Hong Kong has the opportunity to transform from a follower to a leader in the global crypto market competition. Furthermore, considering that the United States has authorized 11 Bitcoin spot ETFs for trading, it is estimated that the number of ETFs listed in Hong Kong initially may be fewer than this figure.