Hong Kong announced that it will issue Bitcoin spot ETFs. In the future, you can open a Hong Kong stock account and buy Bitcoin. A large amount of money from Hong Kong can come in to take over. Meituan and Tencent can hold Bitcoin through Bitcoin ETFs. This is a huge flow of funds. In the future, there will probably be only four stocks left in Hong Kong stocks: Bitcoin ETF, Ethereum ETF, Tencent, and Meituan. All other penny stocks with low daily trading volume and no one wants will be sucked dry.
