Hong Kong's Crypto ETFs: Scaling Up in a Global Market!

👉 Hong Kong's upcoming spot bitcoin and ether ETF launches are expected to be smaller than US counterparts.

👉 US BTC ETFs attracted nearly $60 billion since January 11.

👉Estimates for Hong Kong ETFs' demand range from $500 million to $25 billion.

👉Hong Kong regulators approved Bosera Capital, China Asset Management, HashKey Capital, and Harvest Global for spot bitcoin and ether ETFs.

👉Ryan Rasmussen predicts combined demand could reach $1 billion, with most attributed to bitcoin.

Summary : ETFs may positively impact crypto prices, similar to US spot BTC ETFs.

Concerns exist regarding potential liquidity tie-up and BTC supply shortage outside of ETFs.