Auto Added by WPeMatico

Bloomberg Analyst Issues a Warning for the Upcoming Hong Kong Bitcoin, Ethereum ETFs

Hong Kong regulators recently approved spot Bitcoin and Ethereum exchange-traded fund applications, but Bloomberg ETF analyst Eric Balchunas predicts that the local ETF market may not perform as well as…

Continue ReadingBloomberg Analyst Issues a Warning for the Upcoming Hong Kong Bitcoin, Ethereum ETFs

Hong Kong Greenlights Spot Bitcoin and Ethereum ETFs as Crypto Market Bounces

The week started on a strong note, with Bitcoin rising above $66,000, a 3.02% increase over the past day owing to Hong Kong’s ETF development. With spot cryptocurrency ETFs being…

Continue ReadingHong Kong Greenlights Spot Bitcoin and Ethereum ETFs as Crypto Market Bounces