HashKey has completed the development of infrastructure services related to the Hong Kong Spot Bitcoin ETF

According to reports, Hong Kong licensed cryptocurrency exchange HashKey has completed product functionality and related infrastructure services for a potential Hong Kong spot Bitcoin ETF. It is reported that Hong Kong may approve such ETFs as early as next week.HashKey Exchange CEO Livio Weng stated that the fund issuers working with HashKey have completed the development of their spot Bitcoin ETFs. HashKey will provide infrastructure support for the ETF and has entered the "integration and functional testing" phase."As a fund provider applying for ETFs in Hong Kong, HashKey provides underlying infrastructure support, covering trading, custody, and SSA aspects," Weng added. HashKey's custody business has been operating steadily for more than a year, with custody assets exceeding HKD 2.2 billion (USD 280.7 million).HashKey did not disclose the asset management company it is working with. (The Block)

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