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Could you elaborate on the likelihood of Hong Kong approving spot exchange-traded funds (ETFs) for bitcoin and Ethereum (ETH)? Given the region's position as a financial hub and its regulatory stance on cryptocurrencies, what factors would influence such a decision? Are there any indications from the regulatory bodies that such approvals are imminent? Additionally, what would be the potential implications for investors and the <a href="https://www.btcc.com/en-US" title="cryptocurrency">cryptocurrency</a> market if Hong Kong does indeed approve spot ETFs for these digital assets?
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