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2024-05-05 06:48:09

Hong Kong's Crypto ETF Launches to Test Its Ambition to Be Digital-Asset Hub on Nostr: Hong Kong's Crypto ETFs Experience Low Trading Volumes Amid Slumping Bitcoin Price ...

Hong Kong's Crypto ETFs Experience Low Trading Volumes Amid Slumping Bitcoin Price
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#a8411540 ver:0.38

Hong Kong's newly launched crypto ETFs have low trading volumes due to slumping Bitcoin price. The US market has higher volumes. Despite approval, Bitcoin and Ethereum ETFs in Hong Kong had lower-than-expected trading volumes. MicroStrategy still holds a substantial amount of Bitcoin. Hong Kong's approval of spot Bitcoin and Ether ETFs is a significant development. Australia is expected to approve Bitcoin ETFs by 2024. Indonesia's recent election may lead to consistent crypto policies. The approval of Bitcoin and Ethereum ETFs in Hong Kong is expected to revitalize the market and benefit Ethereum, Polkadot, and meme coin KangaMoon. #CryptoETFs #Bitcoin #Ethereum #HongKong #Australia #Indonesia...

#newstr #HongKong #Cryptocurrency #Etfs #Bitcoin #TradingVolumes

https://here.news/story/a8411540?ver=0.38
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