Hong Kong’s Securities Regulator Now Considering Spot Crypto ETFs: Bloomberg

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Hong Kong’s Securities Regulator Now Considering Spot Crypto ETFs: Bloomberg

In January, the SFC tightened regulations by restricting retail investors from accessing crypto spot ETFs, limiting them to professional investors wit

In January, the SFC tightened regulations by restricting retail investors from accessing crypto spot ETFs, limiting them to professional investors with portfolios of at least 8 million HKD ($1 Million). Then, in October, the SFC updated its rule book to allow a broader range of investors to engage in spot-crypto and ETF investing, stipulating that they pass a knowledge test and meet net worth – though less than the professional investor threshold – requirements.

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