According to Odaily Planet Daily, Matrixport said in the report that mainland Chinese investors could attract billions of dollars for Bitcoin spot ETFs listed in Hong Kong using the Southbound Connect program. The program could facilitate up to 500 billion yuan (540 billion Hong Kong dollars, 70 billion U.S. dollars) in transactions each year. Matrixport also added that based on the potential available capacity, this could bring up to 200 billion Hong Kong dollars, or 25 billion U.S. dollars, to the Hong Kong Bitcoin ETF.