š Exciting News for Crypto Enthusiasts in Hong Kong! š
Get ready for a game-changing development in the world of cryptocurrency! According to PANews, the Hong Kong Securities and Futures Commission (SFC) is on the verge of allowing the creation and redemption of Bitcoin spot exchange-traded funds (ETFs) in the second quarter of this year. š
Bloomberg ETF analyst Rebecca Sin believes it's only a matter of time before this becomes a reality. What's even more groundbreaking is that the Hong Kong SFC is set to permit physical redemptions, setting itself apart from US Bitcoin spot ETFs that only allow cash redemptions. š°
Stay tuned for more updates on this exciting journey into the future of digital assets! Don't miss out on this opportunity to be part of the next big wave in crypto investment! š #Bitcoin #ETF #HongKongCrypto #GameChanger #CryptoRevolution š
