China AMC exec foresees HK Bitcoin ETFs outperforming US launch
Full story: https://grafa.com/news/china-amc-exec-foresees-hk-bitcoin-etfs-outperforming-us-launch-214948
The launch of spot Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) exchange-traded funds (ETFs) in Hong Kong has captured significant attention, mirroring the excitement observed in the United States after the approval of 11 spot Bitcoin ETFs on January 10.
Market enthusiasts are intrigued about the potential demand and reception of these ETFs in the Asian financial hub.
The anticipation around how these offerings might perform in comparison to their U.S. counterparts suggests a significant milestone in the adoption and integration of cryptocurrency-based financial products within traditional investment frameworks in the region.
Zhu Haokang, a leading figure in digital asset management, especially underlines the importance of this development, hinting at a promising outlook for the cryptocurrency market in Hong Kong.
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- Grafa·05-01Read the full story https://grafa.com/news/china-amc-exec-foresees-hk-bitcoin-etfs-outperforming-us-launch-2149481Report