ChainCatcher news, Hong Kong Securities and Futures Commission (SFC) Executive Director of the Investment Products Division, Ms. Cyd Ho, stated today at the Hong Kong Web 3 Carnival that the SFC will issue a circular today allowing licensed virtual asset trading platforms to provide staking services, including staking for virtual asset spot ETFs.Staking allows investors to lock up their virtual assets to support blockchain networks and earn returns, but due to associated risks, the SFC will implement additional safeguards, including requiring licensed platforms to custody the staked virtual assets and setting a cap on the proportion of virtual assets that can be staked for spot ETFs to manage liquidity risks.Ms. Ho also mentioned that the SFC is expanding the range of eligible virtual asset underlying assets. Initially, virtual asset spot ETFs focused mainly on Bitcoin and Ethereum, but now more virtual assets meet the criteria for retail trading on licensed platforms, paving the way for diversification of ETF products, such as a single ETF tracking a basket of virtual assets.