•  Fresh spot BTC ETFs are on the cards in the Far East.
• A spot ETH ETF approval might be seen first in Hong Kong, given the current developments.

The introduction of a Bitcoin [BTC] spot ETF is no longer a novel development in the United States, and it is anticipated that a spot Ethereum [ETH] ETF will soon follow suit.

Nevertheless, institutions in Hong Kong are currently strategizing to submit applications for both BTC and ETH ETFs. This move has the potential to attract additional capital inflow for these assets.