The Hong Kong Securities Supervision Commission has not yet approved the implementation schedule for ETF issuers to provide Ethereum pledges

According to Bloomberg News, the Hong Kong Securities and Futures Commission is considering offering Ethereum pledge options to issuers of spot Ethereum exchange-traded funds (ETFs), which could allow these issuers to hold ETH and earn passive income. According to people familiar with the matter, the Hong Kong Securities Supervision Commission has received proposals and discussed with relevant parties in recent weeks, but it is still in the discussion stage and there is no specific implementation timetable.
Livio, CEO of HashKey Exchange, previously said that if the problem of on-chain staking of custodial Ethereum tokens can be solved, it will attract more large institutional investors to choose this "interest-bearing asset", which may be more attractive than Bitcoin spot ETFs.