Bitcoin
Hong Kong Bitcoin (BTC) and Ether (ETH) ETF Launch to Test Crypto Hub’s Ambition
Hong Kong is expected to follow in the US’s footsteps by listing a batch of cryptocurrency exchange-traded funds, providing a window into whether the city is making progress in creating a hub for digital assets.
Some of China’s top asset managers are in the final stages of preparations for Bitcoin and Ether spot ETFs to begin trading at the end of April. The launches will likely invite comparison with a series of three-month-old US Bitcoin funds that have taken Wall Street by storm, accumulating $56 billion in assets to date.