The Hong Kong Securities and Futures Commission has approved spot ETFs for Bitcoin and Ethereum. Bitcoin is going to reach $100,000.

The launch of spot Bitcoin/Ethereum ETFs has attracted much attention worldwide. It is regarded as an innovative investment tool for a large amount of global funds and investors to pour into the digital asset market. These ETFs have greatly simplified the investment process for digital assets such as Bitcoin and increased liquidity, making it easier for investors to enter the digital asset market.

Hong Kong has positioned itself as a global frontier market by launching spot Bitcoin and Ethereum ETFs, keeping pace with countries such as Canada, Germany, and Switzerland. Referring to the experience of the US spot Bitcoin ETF attracting more than $12.53 billion in funds, the Hong Kong market has great growth potential.

Then we can refer to the US ETF. At that time, Bitcoin was around $30,000, and then Bitcoin broke through $70,000 in two or three months, an increase of $40,000. Then the Hong Kong ETF was passed. As an Asian financial center, Hong Kong has strong financial strength, so Bitcoin will be $100,000 this year. #香港证监会 #香港比特币现货etf