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Altcoins refer to cryptocurrencies other than Bitcoin. They offer different features, use cases, and technologies. Explore the diverse world of altcoins! #Altcoinseason Follow#LandoCommunity

Altcoins refer to cryptocurrencies other than Bitcoin. They offer different features, use cases, and technologies. Explore the diverse world of altcoins! #Altcoinseason

Follow#LandoCommunity

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Breaking News: Bitcoin and Ethereum Spot ETFs Launching in Hong Kong #Cryptocurrency #ETF #LandoCommunity Bitcoin, Breaking, Cryptocurrency, ETF, ETFs, Ethereum, Hong, HongKongTrading, Kong, Launching, News, Spot JUVEL BHAI 1000% MATCH PREDICTIONS NO. 1 CRICKET TIPS View all stories Hong Kong may soon see the introduction of spot ETFs for Bitcoin and Ethereum. According to Bloomberg, these ETFs could be available on the Market as early as Monday. Investors are eagerly anticipating the potential impact of these new investment options on the digital currency Market. Major Chinese asset managers are on the brink of launching spot Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong, possibly as early as Monday, Bloomberg reported on Friday, citing anonymous sources familiar with the matter. The timeline, however, remains tentative, sources noted. Harvest Fund Management Co.’s international division and a joint venture between Bosera Asset Management (International) Co. and HashKey Capital are the two potential ETF issuers, Bloomberg’s sources said. As noted, the two entities plan to roll out their ETFs by the end of the month, pending approval from the Securities and Futures Commission (SFC) and finalizing listing arrangements with Hong Kong Exchanges & Clearing Ltd. The report follows news earlier this week that prominent Chinese asset managers have applied for spot Bitcoin ETFs through their Hong Kong subsidiaries. According to Bloomberg, on April 9, SFC granted Harvest and China Asset Management clearance to provide virtual-asset-related fund management services. Hong Kong Bitcoin ETFs poised to attract $25 billion The potential approval of Hong Kong-listed spot Bitcoin ETFs could unlock up to $25 billion in demand from mainland China as qualified Chinese investors may be allowed to access the funds through the Southbound Stock Connect program, said Matrixport in a Friday report.
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