According to the latest report by 21 Shares researcher Karim Saber, after regulatory agencies in Hong Kong approved a Bitcoin spot ETF, other Asian countries such as South Korea, Japan, and Singapore may follow suit. South Korea has shown a friendly policy towards cryptocurrencies in recent political shifts and is expected to approve related ETFs within this year. At the same time, Japan and Singapore have also made progress in regulation.
Source link: https://blockworks.co/news/crypto-etf-regulation-in-asia