$BTC The much-anticipated Hong Kong#btcand#eth#etf were approved as expected on the first trading day of this week. China Asset Management Co., Ltd., a leading local fund in traditional Hong Kong finance, has been approved by the Hong Kong Securities and Futures Commission (SFC) to provide virtual asset management services to investors, and now plans to issue spot ETF products that can invest in Bitcoin and Ethereum. The two virtual asset spot ETFs jointly applied by Bosera Asset Management and @HashKey_Capital have been conditionally approved by the Hong Kong Securities and Futures Commission.
The approval of the virtual asset spot ETF and the innovative introduction of the currency subscription mechanism, which allows investors to directly use Bitcoin and Ethereum to subscribe for the corresponding#ETFshares, are expected to further promote the development of the virtual asset market in Hong Kong and even the entire Asia, attract more global capital inflows, and stimulate the underlying vitality of the Hong Kong virtual asset market.
Hong Kong will leverage its advantages as an Asian financial center to help the development of the blockchain market in Asia in the compliance management of virtual currency assets. This is a new journey for Hong Kong. Bless Hong Kong.
Don't short in a bull market, don't go long in a bear market.
Don't sell at a loss in a bull market, don't chase up in a bear market.
If the market falls all day, foreigners will pull it back at night
Don't chase high in the morning when it rises sharply, it is to deceive the Chinese who get up to take over
Buy at the bottom in the morning when it falls sharply, it is to deceive the Chinese who get up to panic and sell
Buy at the bottom when a long needle is inserted, the injection is to cure the disease and is conducive to growth
It will rise before a major meeting, and it will fall when the meeting is approaching
Teach you a simple way to identify cryptocurrency scam projects, which can avoid 99% of the pitfalls! I did it this way too!
1. White papers that are all text and big cakes are directly blocked!
2. White papers with a small amount of text and pictures are blocked!
3. White papers with Chinese characters are blocked!
4. Project staff with Chinese faces are blocked!
BRC20's 5 characters are better than domain names, there are many good names, and there is no need to pay annual fees. After mint, it will belong to you forever, and you can buy and sell. And the Bitcoin chain is currently the most secure and reliable decentralized blockchain system in the world. The 5-letter BRC20 will trigger the third wave of inscription market.
Focus on the five-letter BRC20 banco, plata, and CBDCS.
Banco is the leading coin in the BRC20 banking industry.
The four-letter BRC20 ARKB, ETCS, and EZBC are also popular.ARKB is the leading ETF concept coin.
