BlockBeats News, April 17th, according to Decrypt's report, following the Hong Kong Securities and Futures Commission (SFC) passing the new regulation allowing licensed institutions to provide custody services, the Huaxia Fund (Hong Kong) has partnered with OSL Digital Securities to launch an Ethereum staking ETF, which is approved to be listed by May 15th at the latest. This Ethereum staking ETF operates with the custody by licensed platform OSL and node validation by the French staking service provider Kiln separated, allowing investors to indirectly receive Ethereum staking rewards.

The Hong Kong Securities and Futures Commission (SFC) released the "ASPIRe" roadmap last month, clearly setting out five pillars - Access, Safeguards, Products, Infrastructure, and Relationships, aiming to build a comprehensive virtual asset ecosystem. Hong Kong's first Ethereum staking ETF is scheduled to launch on April 25th, with the Hong Kong government approving two staking-type crypto ETFs in three months, the regulatory framework is gradually becoming internationally competitive.