It would be a good move for Hong Kong to approve ETH ETF before the US. After the US approved BTC ETF in January, the scale has reached tens of billions of US dollars. In addition, the high interest rate has almost drained the liquidity of Hong Kong as an offshore market. It is estimated that the scale of issuing BTC ETF will not expand to a particularly large scale in the short term. However, while the US has not yet approved ETH ETF, if ETH ETF is approved first and differentiated products are provided first, it can attract relevant interest funds to flow into Hong Kong and take the lead, although ETH is definitely not as strong as BTC. #内容挖矿
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