Hong Kong regulators might allow spot ETF

[bbc.reporter]

News update. Spot ETF for Bitcoin and Ethereum approved hehehehe.

It appears what has been speculated and predicted by some people in this forum has become true again heheheh. The next prediction will be Shanghai to open their jurisdiction and welcome the cryptospace by first introducing Hong Kong's Bitcoin and Ethereum spot ETF in their market. I speculate that the bullishness of this news will be witnessed within 3 months after the halving.



Nine questions and answers about the Hong Kong Bitcoin and Ethereum Spot ETF

Source https://wublock.substack.com/p/nine-questions-and-answers-about

[bbc.reporter]

News update.

Bitcoin's spot ETF in Hong Kong might have been not be in the discussion or in present storylines, however, according to the head of research of FalconX institutional brokerage firm, there is a chance that this will change soon.

The article also mentions that inflows from China might not be coming because of China's policy against the cryptospace. But I speculate that this might change because China will clearly need to join the cryptospace market or be the last in the race to rule the cryptospace. I predict that Hong Kong will be the proxy of Shanghai in the beginning.



David Lawant isn’t giving up on Hong Kong crypto ETFs.

Lawant believes the prediction Hong Kong ETFs will reach $1 billion in assets by the end of the year can still be achieved.

Read in full https://www.dlnews.com/articles/markets/why-falconx-exec-still-believes-in-hong-kong-crypto-etfs/