Hong Kong to approve spot bitcoin, ether ETFs as soon as Monday: Bloomberg $BTC
Hong Kong regulators are expected to greenlight spot ETFs for both bitcoin and ether as early as Monday, Bloomberg reported, citing sources familiar with the matter.
Hong Kong regulators could approve spot ETFs based on bitcoin and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter. As part of the approval, a subsidiary of Chinese asset manager Harvest Fund Management Company is expected to clinch approval to operate as an issuer of a bitcoin and an ether fund. In addition, a partnership between Bosera Asset Management (International) Co. and HashKey Capital will likely receive approval to offer both types of spot ETFs. As The Block reported earlier Friday , HashKey's chief executive, Livio Weng, said that a spot ether ETF approval would be forthcoming if the issue of on-chain staking can be resolved.
The first batch of issuers will tentatively launch both types of spot ETFs at the end of April, according to Bloomberg.
The anticipated approvals come after the Hong Kong Securities and Futures Commission signaled it would clear the path to increasing institutional investors’ access to digital asset-based investments. Earlier this month, the SFC gave Harvest and China Asset Management clearance to manage cryptocurrency-based funds, according to Bloomberg. $SOL $BNB #BinanceLaunchpool #bitcoinhalving #Memecoins
Some Coins Prediction which make you rich before halving. there are some new coins and some old some coins are scam and some are real but before halving if you want to rich your self then invest in these coin. $SOL will Hit 230$ $SAGA will hit 12$ $ENA will hit 6-8$ $Tao will hit 1000$ $TNSR will hit 20$ $BTC will hit 80k Eth will hit 4k BNB will hit 700$ So now take your Decision and invest in the above coins and take 2-3X profit from the market. Do you own research before investing in any Crypto. #bitcoinhalving
$SOL Solana (SOL) coin Solana is a high-performance blockchain platform that is designed to be scalable and efficient. Solana has been gaining traction in recent months, and it is now one of the top 10 cryptocurrencies by market capitalization. The growth of the Solana ecosystem could lead to an increase in the price of SOL. $ETH $SOL
HOLD ON GUYS!! $SOL is gonna break it's short term resistance line soon.. After yesterday's panic selling, SOL recovered a lot and now it's almost on the verge of breaking it's resistance in the 4 hour chart. And in the daily chart it has already made a dragonfly doji yesterday, what else do u want?! So hold your $SOL SOL and be patient, patience is the key. Don't listen to any distractions. Don't be afraid of any short term dip. See ya in the next one... $SOL #Memecoins #bitcoinhalving
$SOL Solana falls between 170-175 now it reach start your entries long position and hold till 210 🚀🚀🚀 if planning short term max level 5-10x maintain your fund do a safe trade. $BTC $SOL #BullorBear
There are so many amazing projects coming out. What is the origin of Pump.fun, Solana’s largest meme launch platform? BlockBeats-Article 2024/04/09 11:01 ✅ For a long time, Internet culture and Meme have always occupied an important position in the field of cryptocurrency. "Value investment is a waste" is also a high-level summary of the market's enthusiasm for Meme hype this time.
Solana is indispensable when it comes to Meme. Since last year's Silly, Solana has been full of Meme God disks, including the hat dog $WIF that has become popular all over the Internet, BOME that started the trend of "pre-sale payment", and SLERF that "resurrected from the dead".
The world of Meme is never short of entertainment. Recently, a platform with the domain name "fun" - Pump.fun has attracted a lot of attention in the crypto community. Even American professional poker player Tom Dwan mentioned Pump.fun in a tweet, suggesting that he is interested in Pump.fun's gambling entertainment. $SOL $BTC #BullorBear #WIF #BullorBear
$SOL $SOL /usdt Solana got a problem in transaction we can see on the 1h time frame it's making a correction to for the wave 4 of elliot wave Which is a correction the next step for solana is wave 5 which could be between 190 and 200 so for longer-term we can take our entry from now #BinanceLaunchpool #BullorBear #Memecoins $SOL
Cryptocurrency Market Capitalization to Double to $5 Trillion by the End of 2024 2024/04/08 21:42 ✅✅✅✅ Ripple CEO Brad believes the cryptocurrency market could almost double in value to $5 trillion by the end of the year, driven by the approval of spot bitcoin exchange-traded funds in the U.S. in January and the halving of mining incentives later this month.Brad also says ETFs drive institutional funding, saying, "You'll see that driving the demand, but at the same time, demand is increasing and supply is decreasing. $BTC $SOL $XRP #BullorBear
Opinion: Polkadot ($DOT ) price expected to break through $15 mark (2024/04/08 15:32)
$DOT +3.21% According to CryptoPotato, well-known trader and analyst CRYTPOWZRD recently expressed high optimism on Polkadot ( DOT ), believing that the asset’s price is brewing for a “volcanic eruption.” They believe that if DOT can break above the major resistance zone at $9.60, its valuation could increase by 80% in the coming months. In addition, crypto content creator and investor Jake Gagain is even more bullish, predicting that the asset may approach new all-time highs next year. Last month, Electric Capital, a California-based venture capital firm focused on cryptocurrencies, blockchain, and fintech, recommended that investors put DOT on their watch list during this bull cycle. The company praised Polkadot’s “legion of full-time developers,” whose numbers have grown significantly over the past three years. #BullorBear $SOL #BullorBear #Memecoins
$ICP recently price prediction 🥇🥇🥇🥇🥇 #Bullish $ICP over all in bullish but the Market/trend has the own power due to different psychology of the people. 🌙 1. If the $ICP will cross the price of $17.456 will retest still $17.03 / $16.54 and then pump towards nest target 🎯 that is $19.56 or $20.2. 2. if it will cross next one it will hit $25/$27. #BullorB #BinanceLaunchPool🔥 ol #Nonfarm #Memecoins
$ENA THE PRICE OF FUTURE TODAY❗️ Do you remember my post yesterday❓ Now you can see what I’m talking about when we say sooner or later #ENA IS GOING TO $100 The first goal ONE DOLLAR we got it in no time! Now looking forward to: ENA $2 ENA $3 ENA $5 2024 Looks like we might not wait till 2025 to see this target hit. 💯 is you and me to get together and stick to each other to make this happen, let’s keep building great projects like this and soon we will see true financial freedom. Let’s believe that and never give up CRYPT⭕️ Remember as it went up fast might go bit down fast, but not as fast MAYBE! #BinanceLaunchpool #BullorBear #BullorBear #WIF #SHIB