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#Breaking: Hong Kong approves first Bitcoin and Ethereum spot ETFs. 🔥 🔥 🔥 👉🏻In January 2024, the US launched the first US-listed exchange-traded funds (ETFs) to track spot Bitcoin, recording $12 billion in net inflows. 👉🏻Now, Hong Kong's securities regulator has approved spot #Bitcoin    and #Ethereum ETFs. 👉🏻It's great to see the global movement pushing crypto adoption! Which countries do you think will approve Bitcoin ETFs next? #HongKong #Bitcoin #ETF

#Breaking: Hong Kong approves first Bitcoin and Ethereum spot ETFs. 🔥 🔥 🔥

👉🏻In January 2024, the US launched the first US-listed exchange-traded funds (ETFs) to track spot Bitcoin, recording $12 billion in net inflows.

👉🏻Now, Hong Kong's securities regulator has approved spot #Bitcoin    and #Ethereum ETFs.

👉🏻It's great to see the global movement pushing crypto adoption! Which countries do you think will approve Bitcoin ETFs next?

#HongKong #Bitcoin #ETF

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Most bullish #Bitcoin setup of all time: - Bitcoin ETFs were the most successful ETF launch ever. - BlackRock quietly sprinkling Bitcoin into conservative bond funds. - Post-halving upward price impact has yet to kick in. - Wisconsin State Pension Fund allocating earlier than expected. Others will soon follow. - Global desire to transition away from US sovereign debt as primary reserve asset due to weaponization of the dollar / seizure of sovereign assets. - China selling US Treasuries and stacking hard money Gold. But Bitcoin is now harder money than gold. - Central banks just starting rate cuts. - Still very few investors properly articulating the Bitcoin bull case or demonstrating deep understanding of BTC. Still not a consensus investment. - Investors still maxx allocated to equities & bonds, barely allocated to BTC. - Only 1 out 195 countries have fully embraced BTC as a reserve asset. - US institutions losing credibility by the day, BTC looks predictable and stable in comparison. It's becoming a "digital Switzerland" safe haven for wealth. - Geo-political competition is rising, highlighting the need for neutral non-sovereign assets that can't be blown up or seized. - US debt issues are gaining prominence, the need to debase currency is becoming more obvious, tens of trillions of value stored in sovereign debt needs a better home. Bitcoin will likely blow through $100K this year IMO. But most will be too distracted by the political circus to notice. There's a distinct possibility that the US could elect a prisoner as president. $1 Million #Bitcoin doesn't sound so shocking anymore, does it? #bitcoin #bitcoin #bitcoin
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