Hong Kong ETF performance at a glance: nothing!

From the data, Hong Kong ETF has been online since April 30, less than 10 trading days, and its performance can not be described as unsatisfactory, it can be said that it is nothing. If it is because the market was calm when it was launched, and the new investment concept has not changed, then these trading volumes can not be changed overnight.

Yesterday we saw news that the head of Hong Kong ETF institutions, Harvest Global, said: It may be possible to include Bitcoin ETF in the Shanghai-Hong Kong Stock Connect in the next two years, which generally means that it does not rule out applying to include their ETF in the Shanghai-Hong Kong Stock Connect plan. Such news can be said to be very valuable, and it cleverly involves the mainland and Bitcoin together.

However, for the current cryptocurrency market, such news can only conform to the market situation, and can only add icing on the cake, not help in times of trouble. Just like the untimely birth of Hong Kong ETF, it is difficult to bring changes to the big market in a short time. #香港加密货币ETF

Finally, if it is due to the poor performance of the Chinese stock market and the turbulent real estate market, then in the medium and long term, we can only expect that China's high-net-worth individuals will invest in Hong Kong's crypto asset ETFs through various channels within this year after the environment recovers. $BTC $ETH $BNB