The Hong Kong Securities Supervision Commission has previously approved the listing of Bitcoin and Ethereum futures and spot exchange traded funds (ETFs). When asked whether it would consider allowing the launch of virtual currency leveraged and inverse (L & I) ETFs, Leung Fung-yee, CEO of the Hong Kong Securities Supervision Commission, responded that it would consider the volatility of the relevant assets, and if the volatility is not large, it will consider approving the issuance of relevant leveraged and inverse products. In addition, Leung Fung-yee also mentioned that the Hong Kong Securities Supervision Commission will soon issue a circular allowing issuers to launch ETFs with alternative investments as assets, with relevant investor protection.