Yibo Financial plans to apply for an Ethereum spot ETF in Hong Kong in the second quarter, following the submission of a Bitcoin spot ETF application in the final stage. Lawrence Chu, Chairman of Yibo Financial, stated that if the Bitcoin spot ETF is successfully launched in the first quarter, the company will additionally apply for an Ethereum spot ETF. This marks a further expansion of the company's offerings in the field of cryptocurrency investment products.

Foresight News reports that according to The Block, Yibo Financial has stated that if it successfully launches a Bitcoin spot ETF in the first quarter, it will apply for an Ethereum spot ETF in Hong Kong in the second quarter. Lawrence Chu, the Chairman of Yibo Financial, stated last week that the company is currently in the final stage of formally submitting the application for a Bitcoin spot ETF to the Securities and Futures Commission of Hong Kong. Foresight News previously reported that Yibo Financial plans to submit an application to the Hong Kong Securities and Futures Commission and launch a Bitcoin spot ETF in this quarter.

Yibo Finance plans to apply for an Ethereum spot ETF in Hong Kong, following the Bitcoin ETF.