Julia Leung, the Chief Executive Officer of Hong Kong’s Securities and Futures Commission (SFC), said the regulator was considering opening up spot crypto exchange-traded funds (ETFs) to retail investors, Bloomberg reported.
A spot crypto ETF is an investment vehicle that tracks the price of the underlying asset. The ETFs allow investors to have exposure to the asset without owning them directly.
According to Leung, the commission would allow these investments if they comply with the…
