Hong Kong May Permit Staking For Spot Ethereum ETFs This Year

Hong Kong’s ETF

The post Hong Kong May Permit Staking For Spot Ethereum ETFs This Year appeared first on Coinpedia Fintech News

The Animoca Brands Chairman has said that Hong Kong asset managers are working to include staking in the spot ETH ETFs to get the staking feature award approved this year. Hashkey is also formulating a proposal to introduce ether staking. Blocdaemon is in talks with Hong Kong ETF issuers and custodians to explore the possibility of offering staking services for the ETFs. Industry participants aim to have the staking feature approved as soon as this year because that’s considered to be the biggest ‘missing piece’. 

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Latest posts

post-thumbnail
XRP’s Bearish Phase Ending? Eyes on $0.75 Level
The post XRP’s Bearish Phase Ending? Eyes on $0.75 Level appeared first on Coinpedia Fintech News ...
READ MORE
post-thumbnail
Cardano Whales Move 19.5 Billion ADA, What’s Next?
The post Cardano Whales Move 19.5 Billion ADA, What’s Next? appeared first on Coinpedia Fintech Ne...
READ MORE
default post thumbnail
Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know
BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, lead...
READ MORE
default post thumbnail
XRP ‘The Safest Investment To Make 100% ROI’ – Former Asset Manager Shares Price Targets
XRP is holding strong above a critical price level after weeks of choppy price action, now testing l...
READ MORE
default post thumbnail
Analyst Identifies $0.75 As Most Crucial Target For XRP Price In The Campaign For $1
The XRP price has experienced a notable surge in recent days amidst the wider backdrop of the crypto...
READ MORE
default post thumbnail
Your October Top Picks Ethereum, Starknet and Mpeppe
As we enter the final quarter of 2024, the cryptocurrency market is shifting gears, presenting both ...
READ MORE
Read more posts