HashKey has obtained approval from the Hong Kong Securities and Futures Commission (SFC) to provide staking services, a significant development for the cryptocurrency exchange. This approval, granted on April 10, will allow HashKey to offer Ethereum (ETH) staking alongside spot exchange-traded funds (ETFs). Managing director Terence Pu noted that HashKey is among the first regulated exchanges in Hong Kong to roll out such services, which will enhance institutional interest in proof-of-stake investments. The SFC recognized the potential benefits of staking for blockchain security and investor returns in a regulated environment. With this approval, investors will soon have the option to hold Ethereum ETFs for income while participating in staking to earn additional returns. HashKey's initiative positions it ahead of many US counterparts, as staking strategies are not yet permitted for ETH ETFs in the United States. However, analysts suggest that this may change soon under a pro-crypto regulatory regime. The announcement hints at an evolving landscape where digital asset staking becomes more mainstream, providing added incentives for investors.

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