According to Odaily, Hong Kong is reportedly considering allowing direct investment in Ethereum Exchange Traded Funds (ETFs) for staking. Discussions are currently underway between the Hong Kong Securities and Futures Commission and virtual asset ETF issuers about conducting staking through licensed platforms. No specific timeline has been provided for these discussions, and a spokesperson for the Hong Kong Securities and Futures Commission has declined to comment on the matter.
Market insiders have pointed out that the addition of staking functionality to Ethereum ETFs would transform them into interest-bearing assets, marking a significant milestone. If approved, the staking yield is expected to further increase the demand for spot virtual currency ETFs in Hong Kong.
