When will Hong Kong launch bitcoin and Ethereum exchange-traded funds?
Could you elaborate on the current status of Hong Kong's potential launch of bitcoin and Ethereum exchange-traded funds? Given the increasing popularity of cryptocurrencies globally, is there a timeline or roadmap that the Hong Kong Securities and Futures Commission has outlined for the introduction of such products? Are there any regulatory hurdles that need to be overcome before these funds can be offered to investors? Furthermore, how do market analysts view the potential impact of these funds on the local financial market, and what strategies are investors adopting in anticipation of their arrival?