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You are at:Home ยป Hong Kong Launches Spot Bitcoin ETFs: An Update on the Market
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Hong Kong Launches Spot Bitcoin ETFs: An Update on the Market

By adminApr. 30, 2024No Comments1 Min Read
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Hong Kong Launches Spot Bitcoin ETFs: An Update on the Market
Hong Kong Launches Spot Bitcoin ETFs: An Update on the Market
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In the realm of capital inflows into the spot Bitcoin ETF market in Hong Kong, there is a great deal of anticipation, and analysts hold varying viewpoints on its potential. According to Rebecca Sin from Bloomberg Intelligence, it is predicted that within a span of two years, the spot Bitcoin and Ethereum ETFs in Hong Kong could amass a staggering $1 billion, with relatively modest entries. On the other hand, Han Tongli, the CEO of Harvest Global, deems this projection to be excessively conservative. He suggests that Hong Kong’s broad acceptance of financial products and services that cater to both Eastern and Western markets could result in much higher achievements.

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