The Securities and Futures Commission, Hong Kong’s financial sector regulator, said on Monday that the organisation is actively working to create a regime that will allow digital asset-based exchange-traded funds (ETFs) to be publicly listed and traded in the city. According to Julia Leung, the SFC’s deputy chief executive officer, a circular will be issued later on Monday to reveal more details about the plan. At first, the ETFs’ underlying assets will be limited to Bitcoin futures and Ether futures traded on the Chicago Mercantile Exchange. In addition to crypto futures-based ETFs, Leung discussed the SFC’s regulatory considerations for tokenized securities, as well as whether retail investors should be allowed to enter the investment market.
