Ed Financial has been approved by the Hong Kong Securities and Futures Commission to upgrade the physical redemption mechanism for digital asset ETFs

According to official sources, Eddid Financial has announced that it has received approval from the Hong Kong Securities and Futures Commission to upgrade its physical redemption mechanism for digital asset ETFs. Users will be able to directly purchase and redeem Bitcoin (BTC) or Ethereum (ETH) spot ETFs using cryptocurrency on their Eddid ONE virtual asset account.