$ETH 🙌🏻 #crypto #interesting #hongkong
"We just released a note with the final data (which is not coming in as fast as the US). Long story short, Hong Kong received $292 million in assets on the first day (we had forecast $1 billion in two years, which is well ahead of schedule, but corrections can derail trajectories as we see in the U.S.) Ether ETFs captured 15% of the pie and size seemed to matter more than lower fees to attract investors on day 1. Bitcoin ETF ChinaAMC (3042HK) gained USD 124 million, while the Harvest Bitcoin Spot ETF (HK 3,439) received USD 63 million and the Bosera Hashkey Bitcoin ETF (HK 3,008) received USD 61 million." (with)
🔥The Chinese buy though...