Blockdaemon Executive: Hong Kong Regulators May Approve Ethereum Spot ETF Staking Functionality This Year

Article is form Jinse
September 19, 2024
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Blockdaemon International Head and Vice President Andrew Vranjes said Hong Kong regulators may approve Ethereum spot ETF staking features this year. Currently, the Blockdaemon team is working closely with Hong Kong spot crypto ETF issuers and local regulators to develop viable staking solutions. Vranjes noted that staking features are expected to be approved "within a specific framework," possibly first opened to accredited investors. He added that the team has made progress and expects announcements to be released soon.

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