ChainCatcher news, according to The Block, Gary Tiu, Executive Director and Head of Regulatory Affairs at the Hong Kong cryptocurrency exchange OSL, stated at the Foresight 2024 conference held on Sunday that as the Hong Kong ETF market continues to develop, there are increasing opportunities for active participants to drive its growth potential. Although intermediaries in the Hong Kong market currently place more emphasis on non-listed products, the Hong Kong spot crypto ETF provides investors with a reliable channel for participation and lays the foundation for future market development.In addition, Tiu stated, "Overall, Hong Kong still holds a negative attitude towards Bitcoin, Ethereum, and cryptocurrencies. I believe there are still some biases in the eyes of regulators and financial institutions, as they view Bitcoin ETFs as a unique risk category that requires extra caution." Chen Zhao, Director of Digital Assets at Fosun Wealth, added that the Hong Kong crypto ETF also lacks a sufficient number of dealers and brokers.