HashKey Wins Approval to Combine Staking with Spot Ethereum ETF Offerings
Hong Kong's regulatory authorities have granted HashKey, a cryptocurrency exchange, the green light to offer staking services.
This approval could pave the way for greater institutional interest in proof-of-stake assets, such as spot Ethereum exchange-traded funds (ETFs), enhancing their appeal to investors.
On April 10, HashKey announced on social media that it had received approval from the Hong Kong Securities and Futures Commission (SFC), which issued new guidelines for Licensed Virtual Asset Trading Platforms (VATPs) and authorized funds on staking services. This makes HashKey one of the first regulated exchanges in Hong Kong to provide such services.
The approval follows a recognition from the China Securities Regulatory Commission (CSRC), which acknowledged the value of staking in enhancing blockchain security and offering investors opportunities for returns in a regulated environment.
With this approval, HashKey is positioned to be a leader in offering staking services for spot Ether ETFs, according to Terence Pu, the exchange’s managing director. Pu explained that in the near future, investors would not only be able to access staking income via Ether ETFs but also directly stake Ether and earn additional returns through HashKey’s services.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
