Published 16 days ago

Hong Kong joins global crypto ETF race

Summary by Financial Times

Rollout of spot bitcoin and ether exchange traded funds follows launch of similar products in US by BlackRock and Fidelity

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Globo

A wave of bitcoin ETFs in Hong Kong is frustrating expectations in terms of business volume.

Products moved 11 million dollars, which is a tiny fraction of what it was on the first day of ETFs in the U.S. market in January — more than four billion dollars.

15 days ago·Brazil

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Bloomberg

How to Invest in Bitcoin ETFs After Hong Kong Follows US Path

Crypto investing entered a new phase Tuesday after Hong Kong debuted exchange-traded funds that invest directly in Bitcoin and Ether.

16 days ago·United States

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Nikkei

Hong Kong's first crypto ETFs go public in milestone for hub ambitions

HONG KONG -- Six crypto-focused exchange-traded funds went public for the first time in Hong Kong on Tuesday, spelling potential competition for popul

15 days ago·Japan

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Financial Times

Hong Kong joins global crypto ETF race

Rollout of spot bitcoin and ether exchange traded funds follows launch of similar products in US by BlackRock and Fidelity

16 days ago·London, United Kingdom

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Coin Desk

First Mover Americas: Bitcoin Falls to $62K as Hong Kong ETFs Fail to Meet Expectations

The latest price moves in crypto markets in context for April 30, 2024.

15 days ago·Manila, Philippines

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Quartz

Bitcoin falls to $61,000 as Hong Kong crypto ETFs fail to impress investors

Bitcoin continued to shed its value as Hong Kong’s Bitcoin and Ether ETFs failed to impress investors on their debut. Recently, six crypto-related ETFs were listed on the Hong Kong exchange. Bitcoin ETFs contributed $8.5 million in volume, while Ether ETFs brought in $2.5 million. As a comparison, the issuers…Read more...

15 days ago·United States

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