Hong Kong Securities and Futures Commission spokesperson: No comment on consideration of allowing Ethereum ETF collateral

Bloomberg previously revealed that Hong Kong is considering allowing direct investment in Ethereum-based exchange-traded funds (ETFs) for staking. Sources revealed that the Hong Kong Securities and Futures Commission is discussing staking with virtual asset ETF issuers through licensed platforms. It is reported that the negotiations are ongoing, and there is no clear timetable, but a Hong Kong Securities and Futures Commission spokesperson has stated that they will not comment on this matter. Market analysts point out that if Ethereum ETFs are added with staking functionality, they will become interest-bearing assets, which will be a milestone. If approved, the staking yield is expected to further boost demand for Hong Kong spot virtual currency ETFs.

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