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Caixin: Hong Kong could unlock a passive income source if it allows Ethereum ETF staking

Caixin: Hong Kong could unlock a passive income source if it allows Ethereum ETF staking

CointimeCointime2024/05/25 03:43
By:Cointime

It has been reported by Caixin that Hong Kong is considering allowing Ethereum exchange-traded fund (ETF) pledging. Previously, insiders said that the Hong Kong Securities Regulatory Commission had discussed providing pledging services through licensed platforms with local cryptocurrency ETF issuers, while potential issuers of such ETFs in the United States have deleted pledging-related content from their plans. Hong Kong's move is different from that of the United States, which may release a passive income source.

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