HashKey, a licensed crypto exchange in Hong Kong, has completed product features and relevant infrastructure services for potential spot bitcoin exchange-traded funds in Hong Kong, as the region may reportedly approve such an ETF as early as next week.

Livio Weng, chief executive of HashKey Exchange, told The Block that the fund issuers in collaboration with HashKey have finalized developing their spot bitcoin ETFs. HashKey is set to offer infrastructure support for the ETFs and has entered the “integration and functional testing” phase.

“As a fund provider applying for an ETF in Hong Kong, HashKey offers underlying infrastructure support, covering trading, custody, and SSA aspects,” Weng said, adding that HashKey’s own custody business has been operating stably for over a year, with …