Hong Kong stands out as a global financial center and is an important investment channel. Currently, the city is conducting the spot Bitcoin exchange-traded fund (ETF) approval process. This step could lead to a huge increase in demand for Bitcoin (BTC). Additionally, Hong Kong is a vital hub for investments from China.
Singapore-based Matrixport predicts that this approval will activate large investments. According to the firm's estimates, up to $25 billion in demand from Chinese investors could arise through the Southbound Equity Link program. This program provides qualified Chinese investors with easy access to shares on the Hong Kong stock exchange.
The Southbound Stock Connect program processes RMB 500 billion (about $70 billion) in transactions annually. This trading volume could make a significant contribution to the BTC ETF market. Matrixport's analysis shows the program's previously unused quotas as a significant investment opportunity. These quotas could allow large amounts of capital to flow into Hong Kong-based Bitcoin ETFs. The amount of capital available is 200 billion Hong Kong dollars, which equates to approximately $25 billion.
The possible approval of Hong Kong-listed Bitcoin Spot ETFs presents huge opportunities for Chinese investors. This approval could enable Chinese investors to attract billions of dollars of capital through the Southbound Connect program. However, regulatory approval of these spot ETFs still involves uncertainties and may create access barriers, especially for Chinese investors.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
