The impact of the launch of Hong Kong ETF on BTC
Mainland residents cannot invest in spot ETFs of Bitcoin and Ethereum through the Shanghai-Hong Kong Stock Connect/Shenzhen-Hong Kong Stock Connect.
Hong Kong's ETF market is not large, only one ten-thousandth of that in the United States
Hong Kong ETF: US$50 billion (x)
Mainland China ETF: US$325 billion (6.5X)
US ETF: US$9 trillion (18,000X)
The approved issuers are not large in scale, and there is a big gap with BlackRock
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