Hong Kong's Bitcoin ETF Faces Early Setbacks 📉🔍

A Bitcoin ETF launched in Hong Kong encountered a challenging start with net outflows of 75.36 BTC just four days post-launch, despite an initial strong capital influx. This marks a stark contrast to its American counterparts, highlighting the regional differences in ETF dynamics. The ETF, managed by China's Hwaxia Fund, initially attracted $123 million, ranking it among the top launches in Hong Kong over the last three years.

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