Hong Kong's Crypto ETF Launches to Test Its Ambition to Be Digital-Asset Hub on Nostr: Hong Kong's Bitcoin and Ether ETFs Garner Over $200M on Launch Day, but Still Lag ...
Hong Kong's Bitcoin and Ether ETFs Garner Over $200M on Launch Day, but Still Lag Behind US Counterparts
===============
#a8411540 ver:0.4
Hong Kong's Bitcoin and Ether ETFs have a strong start, amassing over $200M in assets on launch day. However, they still trail behind their US counterparts. Unique features like non-resident investment and using actual crypto for subscriptions contribute to their success, but challenges remain. Despite low trading volumes, there is high interest among Hong Kong investors. Stringent regulations and limited accessibility hinder broader participation. #Bitcoin #Ether #ETFs #HongKong...
#newstr #HongKong #Bitcoin #Ether #Etfs #AssetsUnderManagement
https://here.news/story/a8411540?ver=0.4Published at
2024-05-08 05:39:55Event JSON
{
"id": "324664d82da26077112a97bb8e4579a6ac47390d9e7e804706c420411e879b79",
"pubkey": "611286153c7eb6d8426e33e9a47bf5bfe9b706cba7ca555a0863327fb2be9718",
"created_at": 1715146795,
"kind": 1,
"tags": [],
"content": "Hong Kong's Bitcoin and Ether ETFs Garner Over $200M on Launch Day, but Still Lag Behind US Counterparts\n===============\t\n#a8411540 ver:0.4\n\nHong Kong's Bitcoin and Ether ETFs have a strong start, amassing over $200M in assets on launch day. However, they still trail behind their US counterparts. Unique features like non-resident investment and using actual crypto for subscriptions contribute to their success, but challenges remain. Despite low trading volumes, there is high interest among Hong Kong investors. Stringent regulations and limited accessibility hinder broader participation. #Bitcoin #Ether #ETFs #HongKong...\n\n#newstr #HongKong #Bitcoin #Ether #Etfs #AssetsUnderManagement \n\n https://here.news/story/a8411540?ver=0.4",
"sig": "b353d31b6d77d24c0af491b551dfe5ad0d5eff470d3af24c3b71c6d6dc060ade5f31418fd647df213d562c8aaff0779467d47b14743145497441950b6730256b"
}