On April 17, according to Decrypt, after the Hong Kong Securities Regulatory Commission (SFC) passed the new regulations on "allowing licensed institutions to provide pledge services", the Ethereum pledged ETF launched by Huaxia Fund (Hong Kong) in cooperation with OSL Digital Securities was approved and will be listed at the latest on May 15. The Ethereum staking ETF operates separately through the hosting of the licensed platform OSL and the node verification of the French staking service provider Kiln, and investors can indirectly obtain Ethereum staking income.

The Hong Kong Securities Regulatory Commission (SFC) released the "ASPIRe" roadmap last month, clearly put forward five pillars - Access, Safeguards, Products, Infrastructure and Relationships, with the goal of building a complete virtual asset ecosystem. Hong Kong's first Ethereum-staking ETF is scheduled to be launched on April 25. The Hong Kong government has approved two pledged encryption ETFs in a row within three months, and the regulatory framework is gradually becoming internationally competitive.