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Home ยป Hong Kong Launches Spot Bitcoin ETFs: A Market Update
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Hong Kong Launches Spot Bitcoin ETFs: A Market Update

By adminApr. 30, 2024No Comments1 Min Read
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Hong Kong Launches Spot Bitcoin ETFs: A Market Update
Hong Kong Launches Spot Bitcoin ETFs: A Market Update
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The anticipation surrounding the arrival of capital into the spot Bitcoin ETF market in Hong Kong is significant, and experts have varying opinions on its potential. Rebecca Sin from Bloomberg Intelligence forecasts that the spot Bitcoin and Ethereum ETFs in Hong Kong could amass $1 billion in two years, expecting modest initial investments. Harvest Global’s CEO, Han Tongli, finds this estimate to be overly cautious and believes that Hong Kong’s widespread acceptance of financial products and services that appeal to both Eastern and Western markets could result in even greater success.

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