Crypto market analysts believe that the SEC’s approval of spot bitcoin [BTC] exchange-traded funds (ETFs) could spur similar regulatory approvals in Asia. 
Hong Kong is particularly interested in a bitcoin ETF and believes the U.S. approval might move things along faster for most authorities in the area.
One lawmaker from Hong Kong urges, “Hong Kong must dare to be a ‘leader’ in the field of virtual assets” and “promote the implementation of spot ETFs as soon as possible.”