Hong Kong may announce the first approvals of spot Bitcoin ETFs next week, which would make the Chinese special administrative region the first in Asia to offer BTC ETFs.
​After the fiasco over a fake SEC post that was taken down immediately after its posting, the Bitcoin price rose and soared to $48,000 and then went back downwards to $45,000. SEC Chair Gary Gensler made the official announcement on exchange-traded funds (ETFs) and allowed the first 11 US-listed ETFs to track bitcoin., Cryptonow News, Times Now