HashKey, a regulated exchange in Hong Kong, has received approval from the Hong Kong Securities and Futures Commission (SFC) to provide staking services.
The approval allows HashKey to be a leader in offering staking services for spot Ethereum exchange-traded funds (ETFs).
Investors will be able to access staking income via Ether ETFs and directly stake Ether through HashKey's services.
This approval is expected to increase institutional interest in proof-of-stake assets.