The Hong Kong Securities and Futures Commission has not yet approved a specific implementation timeline for ETF issuers to provide ETH staking

2024-05-23 22:29:58
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ChainCatcher news, according to Cointelegraph, as previously disclosed by Bloomberg, the Hong Kong Securities and Futures Commission is considering providing Ethereum staking options for issuers of Ethereum spot exchange-traded funds (ETFs), which may allow these issuers to hold ETH and earn passive income.

Insiders say that the Hong Kong SFC has received proposals in recent weeks and has been in discussions with relevant parties, but it is still in the discussion phase, and there is no specific timeline for implementation yet.

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