ChainCatcher news, according to Caixin.com, while 13 Bitcoin spot ETFs are waiting for approval from the U.S. Securities and Exchange Commission (SEC), Livio Weng, chief operating officer of HashKey Group, revealed in an exclusive interview that there are currently about ten fund companies. Preparations are being made to launch virtual asset spot ETFs in Hong Kong, and seven or eight of them are already in the actual advancement stage.

Prior to this, the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority issued a circular in December 2023 stating that they were ready to accept applications for virtual asset spot ETF authorization. In other words, Hong Kong is becoming the first market in Asia to allow the listing of virtual asset spot ETFs.