Hong Kong may approve exchange-traded funds investing directly in both Bitcoin and Ether, the two dominant cryptocurrencies, as soon as Monday, according to people familiar with the matter.
An international arm of Chinese asset manager Harvest Fund Management Co., as well as a partnership between Bosera Asset Management (International) Co. and HashKey Capital are among the issuers expected to get the green-light for both types of spot-crypto ETFs, the people said, asking not to be identified because the information isn’t public.
