“A bitcoin spot ETF listed in Hong Kong could attract billions of dollars as mainland Chinese investors take advantage of the Southbound Connect program, which could facilitate up to 500 billion yuan (540 billion Hong Kong dollars, $70 billion) in transactions per year,” Matrixport said in a report on Friday.
Matrixport added: “Depending on the (potential) available capacity, this could bring up to HK$200 billion, or $25 billion, to a Hong Kong bitcoin ETF.” (CoinDesk) #opbnb
