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Hong Kong's Crypto ETF Launches to Test Its Ambition to Be Digital-Asset Hub /
npub1vyf…ver7
2024-05-10 18:25:41

Hong Kong's Crypto ETF Launches to Test Its Ambition to Be Digital-Asset Hub on Nostr: Hong Kong's Bitcoin and Ether ETFs Garner Over $200M on Launch Day, but Still Lag ...

Hong Kong's Bitcoin and Ether ETFs Garner Over $200M on Launch Day, but Still Lag Behind US Counterparts
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#a8411540 ver:0.41

Hong Kong's Bitcoin and Ether ETFs have attracted over $200M in assets on their launch day, but still trail behind US counterparts. The unique features of Hong Kong's ETFs, such as allowing non-residents to invest and accepting Bitcoin/Ether subscriptions, have contributed to their initial success. However, they face challenges in catching up to the popularity of US ETFs. Despite low trading volumes, there is high interest among Hong Kong investors. Harvest's CEO is exploring the potential entry of Bitcoin and Ether ETFs into mainland China through Hong Kong's ETF Connect framework. #Bitcoin #Ether #ETFs #HongKong #US #China...

#newstr #Bitcoin #Ether #Etf #China #HongKong

https://here.news/story/a8411540?ver=0.41
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