ChainCatcher news reports that the Hong Kong Securities and Futures Commission has approved at least three fund companies to collaborate with licensed exchanges, allowing citizens to purchase spot Bitcoin and Ethereum using their securities accounts.Currently, investors who want to buy virtual currencies need to open an account at a virtual currency exchange. Several fund companies have announced that they have been granted licenses by the Hong Kong Securities and Futures Commission to collaborate with two licensed exchanges in the market to launch virtual asset fund products, which means that citizens can directly use their securities accounts to purchase spot Bitcoin and Ethereum without needing to open an account at the exchange. Industry insiders believe that the new measures will help promote the development of virtual asset trading and increase tax revenue.