News on licensing, exchange hubs, virtual asset rules, and the city’s evolving role in digital finance.
Bloomberg analysts revised previous projections, which expected roughly $500 million in inflows during a similar period.
Oluwapelumi Adejumo 2 min read 
The reported ETF approvals further propel Hong Kong into crypto leadership in Asia.
Bloomberg is reporting that both Bitcoin and Ethereum ETFs are expected to be approved as early as Monday.
Reports suggest Hong Kong set to approve its first spot Bitcoin ETFs, potentially boosting regional investment and mirroring US success.
Top Chinese mutual funds have are exploring Bitcoin via ETFs in Hong Kong after years of avoiding the industry due to the 2021 ban.
Hong Kong's SFC has increased its scrutiny of crypto-trading platforms within its jurisdiction.
Analysts believe the in-kind creation model will give Hong Kong-based Bitcoin ETFs a significant edge for their US counterparts.
Hong Kong's SFC said it might take enforcement actions against MEXC for its unlicensed operations.
The SFC added 11 of Bybit's services to its list of suspicious products.
