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Hong Kong Spot Bitcoin ETF begins 30th April 2024. This is big win for the cryptocurrency! This will be the first time in Asia that retail investors have a chance to trade cryptocurrency exchange-traded funds at spot prices. The highly anticipated Hong Kong Spot Bitcoin ETF has officially begun trading today. Indeed, the investment vehicle had been approved to launch on April 30th, with the highly anticipated BTC offering officially going live. Now, all eyes are on how the product could greatly impact mainland China’s cryptocurrency sector. The product approval was granted earlier this month. Moreover, the product is set to debut in the same year as the United States inaugural Spot Bitcoin ETFs. Trading will begin with three Chinese firms, China Asset Management, Bosera Asset Management, and Harvest Global Investment launching the offering.

Hong Kong Spot Bitcoin ETF begins 30th April 2024. This is big win for the cryptocurrency!

This will be the first time in Asia that retail investors have a chance to trade cryptocurrency exchange-traded funds at spot prices.

The highly anticipated Hong Kong Spot Bitcoin ETF has officially begun trading today. Indeed, the investment vehicle had been approved to launch on April 30th, with the highly anticipated BTC offering officially going live. Now, all eyes are on how the product could greatly impact mainland China’s cryptocurrency sector.

The product approval was granted earlier this month. Moreover, the product is set to debut in the same year as the United States inaugural Spot Bitcoin ETFs. Trading will begin with three Chinese firms, China Asset Management, Bosera Asset Management, and Harvest Global Investment launching the offering.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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