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Crypto ETFs: Hong Kong Considers Allowing Staking for Ether ETFs (ETH) Crypto ETFs: Hong Kong Considers Allowing Staking for Ether ETFs (ETH)

Crypto ETFs: Hong Kong Considers Allowing Staking for Ether ETFs (ETH)

Hong Kong is considering allowing staking for exchange-traded funds investing directly in Ether, potentially unlocking a source of passive income that has been removed from prospective US issuers’ plans.

The Securities and Futures Commission has held discussions with the city’s crypto ETF issuers about providing staking services via licensed platforms, after fielding proposals in recent weeks, according to people familiar with the matter.

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Annabelle Droulers

https://www.bloomberg.com/news/articles/2024-05-23/crypto-etfs-hong-kong-considers-allowing-staking-for-ether-etfs-eth

2024-05-23 07:00:00

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