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The volume of ether exchange-traded funds came in at over $13 million, while bitcoin ETFs came in at $7.5 million.

The volume of ether exchange-traded funds came in at over $13 million, while bitcoin ETFs came in at $7.5 million.

Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.

Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further.

The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC.

Regulatory updates are also in the works for stablecoin issuers, OTC trading services and custodians.

Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.

Operator of licensed Hong Kong exchange says raise will promote compliant, innovative global growth.

Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.

Public consultations on stablecoins and over-the-counter trading are already in progress.