HK passed Bitcoin Ethereum spot ETF #BTC
It is indeed a good news, adding new capital inflow exposure to the market.
However, the corresponding customers of ETF are limited to HK users, and the market size is small. This is also a big reason why Binance withdrew from the HK market.
Although HK was the former financial center of Asia, its decline in recent years is visible to the naked eye, and the liquidity of Hong Kong stocks is extremely poor.
From this perspective, even if HK passes the Bitcoin Ethereum spot ETF, the market increment should be limited, and may not be as large as an ETF in the United States.
(Just my personal opinion, if you have different ideas, you can comment and communicate)