𝗕𝗧𝗖 𝗮𝗻𝗱 𝗘𝗧𝗛 𝗦𝗲𝗲 𝗨𝗽𝘁𝗶𝗰𝗸 𝗮𝘀 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗘𝗧𝗙 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝗻𝘁𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹

Bitcoin has climbed 2.8% in the last 24 hours, surpassing $66,500, while Ethereum reaches $3,240.

Several Hong Kong applicants, including China Asset Management and Bosera Capital, claim approval for spot crypto ETFs, though the SFC has not issued an official statement.

Despite this, industry insiders anticipate institutional demand to rise during Asia trading hours once the ETFs are approved, offering a bullish short-term outlook amidst broader market narratives and macro events.

#etf #BinanceLaunchpool #HongKong2024