Golden Finance reported that in the early morning of January 11, Beijing time, the U.S. Securities and Exchange Commission (SEC) announced that it had approved the listing and trading of Bitcoin spot ETFs through an expedited mode, and authorized 11 ETFs to start listing and trading on Thursday local time. Golden Finance interviewed Du Jun, executive director and CEO of SINOHOPE, about the approval of Bitcoin spot ETFs in the United States. Du Jun believes that the approval of Bitcoin spot ETFs means that Bitcoin has better compliance access conditions. This move provides traditional investors with a more convenient and safe way to invest in Bitcoin. Bitcoin spot ETFs will continue to attract a large amount of institutional funds into the cryptocurrency market. This is not only an important sign of Bitcoin's mainstreaming, but may also indicate that the cryptocurrency market is about to usher in a new growth cycle. Du Jun said that Hong Kong is the next important potential market to approve the listing and trading of Bitcoin spot ETFs after the United States. In December last year, the Hong Kong Securities and Futures Commission issued the "Circular on the Investing of Virtual Assets by Funds Approved by the Securities and Futures Commission" and stated that it was "ready to accept the recognition application of virtual asset spot ETFs." Xinhuo Asset Management, a subsidiary of Xinhuo Technology, is preparing for the application of relevant ETFs.