Animoca CoFounder Hong Kong May Allow Ethereum Spot ETF Collateralization This Year

In breaking news, Yat Siu, co-founder of Animoca Brands, revealed that Hong Kong asset managers are exploring the introduction of staking features into Ethereum exchange-traded funds (ETFs) on spot trading platforms. HashKey and Bosera currently co-manage two spot Bitcoin and Ethereum ETFs in Hong Kong, and are working on a proposal to introduce Ethereum staking.