Hong Kong is getting ready to pave the way for spot crypto ETFs, with its financial regulator saying today that it is prepared to start accepting such applications. In a joint circular published today, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority, the city’s de facto central bank, said that both agencies have reviewed their existing policy for intermediaries that wish to engage in virtual asset-related activities. In addition to existing crypto futures ETFs, the SFC said it is “prepared to accept applications for the authorization of other funds with exposure to virtual assets, ... (full story)