News

BlockBeats News, December 17, the Hong Kong Securities and Futures Commission (SFC) released the Q3 2025 Quarterly Report, showing that the scale of virtual asset investment products in Hong Kong continues to expand. As of the end of November, the total market value of SFC-approved spot virtual asset ETFs increased by 33% year-on-year to HKD 5.47 billion, and the number of products rose to 11, indicating a continued rise in demand for virtual asset investments through compliant channels. At the same time, tokenized financial products are developing rapidly. Since the launch of SFC-approved tokenized retail money market funds this year, the assets under management have surged by 557% year-on-year to HKD 5.48 billion as of the end of November, and the number of funds increased to 8, reflecting a significant improvement in the acceptance of tokenized products at the retail level. The regulators also emphasized risk warnings. In August, the SFC and the Hong Kong Monetary Authority jointly reminded investors to pay attention to market volatility related to the stablecoin concept, showing that while promoting virtual asset innovation, regulatory agencies are simultaneously strengthening risk management and investor protection.

This week, employment, wage, consumption, and industrial climate data released in the United States were all weak, and investors continue to bet that the Federal Reserve will cut interest rates twice next year. Whether the CPI data scheduled to be released on Thursday can further support expectations of a rate cut remains to be seen.

BlockBeats News, December 17th, Ethereum Treasury Company ETHZilla Corporation released a Chairman of the Board letter to shareholders, reviewing the company's strategic execution progress over the past five months and outlining the development plans for 2026 and beyond. ETHZilla stated that the company was initially positioned as an infrastructure provider that connects traditional finance with DeFi. Its core strategy includes continuously accumulating Ethereum (ETH), earning yields through careful deployment, and simultaneously operating the tokenization of real-world assets (RWA) on-chain. In terms of the latest progress, ETHZilla disclosed that the company has established the foundational capabilities required for RWA tokenization. In October of this year, the company announced a partnership with Liquidity.io. The company is a regulated broker-dealer and one of the few digital alternative trading systems (ATS) registered with the U.S. Securities and Exchange Commission (SEC). ETHZilla also holds an ownership stake in its parent company. Through this partnership, ETHZilla will gain exclusive access to a compliant trading platform, with plans to issue tokenized assets on the Ethereum Layer 2 network (L2) and make them compliant, tradable products with primary and secondary market liquidity.