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Hong Kong to reportedly approve first Bitcoin, Ethereum #ETF's According to #Bloomberg insights, the approval could be announced as early as April 15. If ETFs are approved, Hong Kong will become the first country in Asia to provide functioning #Bitcoin and #Ethereum ETFs.  An international division of Harvest Fund Management Co. from China and a joint venture between Bosera Asset Management (International) Co. and HashKey Capital are expected to be among the first recipients of approval for the spot #crypto ETFs. The approvals are currently pending final checks. Both asset management firms are prepared to introduce their ETFs by the end of this month, contingent on final approvals from the Securities and Futures Commission (SFC) and concluding listing arrangements with Hong Kong Exchanges & Clearing Ltd.

Hong Kong to reportedly approve first Bitcoin, Ethereum #ETF's

According to #Bloomberg insights, the approval could be announced as early as April 15. If ETFs are approved, Hong Kong will become the first country in Asia to provide functioning #Bitcoin and #Ethereum ETFs. 

An international division of Harvest Fund Management Co. from China and a joint venture between Bosera Asset Management (International) Co. and HashKey Capital are expected to be among the first recipients of approval for the spot #crypto ETFs. The approvals are currently pending final checks.

Both asset management firms are prepared to introduce their ETFs by the end of this month, contingent on final approvals from the Securities and Futures Commission (SFC) and concluding listing arrangements with Hong Kong Exchanges & Clearing Ltd.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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$BTC could break past $100,000 as political roadblocks come down, Galaxy Digital CEO Michael Novogratz told Bloomberg TV. Bitcoin could break past $100,000 by the end of this year as political roadblocks come down, Galaxy Digital CEO Michael Novogratz told Bloomberg TV "If we take out $73,000 in the next week or so, we're gonna end the year at $100,000. Somewhere around there or even higher," the crypto enthusiast said on Tuesday. That indicates a 40% gain from Wednesday's price $71,500. As for why, Novogratz said that in past weeks, he's been waiting for two things to catalyze a fresh rally for bitcoin. "More regulatory clarity, which I thought was a low probability at that point, and/or the Fed starting to move. We're getting the regulatory clarity," he said "And even though it's not perfect, we got enough that people now realize this is coming." "If we take out $73,000 in the next week or so, we're gonna end the year at $100,000. Somewhere around there or even higher," the crypto enthusiast said on Tuesday. That indicates a 40% gain from Wednesday's price $71,500. As for why, Novogratz said that in past weeks, he's been waiting for two things to catalyze a fresh rally for bitcoin. "More regulatory clarity, which I thought was a low probability at that point, and/or the Fed starting to move. We're getting the regulatory clarity," he said "And even though it's not perfect, we got enough that people now realize this is coming." $ETH $BNB #altcoins #StartInvestingInCrypto #write2earn🌐💹 #writetoearn #BnbAth
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