Caixin: Hong Kong could unlock a passive income source if it allows Ethereum ETF staking
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise Secures $70M From Top Investors: Aureal One, DexBoss, and Three Other Top Crypto Coins Are Set to Skyrocket!
UK to introduce new bill to expand powers to seize cryptocurrencies
Cyvers: Mask Network founder suspected of being stolen, losing nearly $4 million
Director of the U.S. National Economic Council: A tariff research report will be released on April 1
Trending news
MoreCrypto prices
More
