According to PANews, the Hong Kong Securities and Futures Commission (SFC) has previously approved the listing of Bitcoin and Ethereum futures and spot exchange-traded funds (ETFs). In response to inquiries about the potential approval of leveraged and inverse (L&I) cryptocurrency ETFs, SFC Chief Executive Officer Julia Leung stated that the commission would consider the volatility of the assets. If the volatility is not significant, the SFC may approve the issuance of such leveraged and inverse products.
Additionally, Leung mentioned that the SFC is preparing to issue a circular allowing issuers to launch ETFs based on alternative investments. This circular will include measures to protect investors.