Hong Kong’s Bitcoin ETFs Have Now Officially Started Trading
The highly anticipated Hong Kong Spot Bitcoin ETF has officially begun trading, marking a significant milestone in the region’s financial evolution. With its launch on April 30th, the investment vehicle not only garners local attention but also holds implications for the broader cryptocurrency sector, particularly in mainland China. JUST IN: Hong Kong spot #Bitcoin and Ethereum ETF trading officially live. — Watcher.Guru (@WatcherGuru) April 30, 2024 Anticipation Fulfilled: Trading Begins In the wake of the United States’ inaugural Spot Bitcoin ETFs earlier in the year, Hong Kong’s move amplifies the global momentum behind digital assets. The approval of the product, granted earlier this month , signifies a pivotal shift in the region’s regulatory landscape, opening doors for significant asset managers to offer these ETFs. Among them are prominent names like China Asset Management , Harvest Global Investments , Bosera International , and HashKey , highlightin