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South Korea, Japan, and Singapore may follow Hong Kong's lead and approve crypto spot ETFs

"Hong Kong's Securities and Futures Commission (SFC) approved the launch of Bitcoin and Ethereum (ETH) spot ETFs on Friday, raising the possibility that regulators in South Korea, Japan, Singapore, and other countries will follow suit and allow cryptocurrency spot ETFs," cryptocurrency media Blockworks reported on Nov. 16 (local time).

Karim Saber, a researcher at crypto ETP issuer 21Shares, said: "Countries like South Korea, Japan, and Singapore have high average crypto adoption rates. Given this, it seems Asia is poised to lead the wave of new Bitcoin spot ETF approvals. In South Korea, the opposition party's victory in April's general election has increased the likelihood of a Bitcoin spot ETF being approved. Japan and Singapore are unlikely to be far behind."

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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