Blockdaemon International Vice President: Hong Kong Regulators May Approve Ethereum Spot ETF Staking Functions This Year
PANews reported on September 20th that, according to The Block, Blockdaemon's International Vice President, Andrew Vranjes, stated that Hong Kong regulators could approve the staking functionality for Ethereum spot ETFs within the year. Currently, the Blockdaemon team is actively collaborating with Hong Kong spot crypto ETF issuers and local regulators to develop a viable staking solution. Vranjes highlighted that staking features are expected to be approved "within a specific framework," potentially first being made available to qualified investors. He further mentioned that the team has made progress and expects an announcement regarding this development soon.