Hong Kong's Crypto ETF Launches to Test Its Ambition to Be Digital-Asset Hub on Nostr: Hong Kong's Spot Crypto ETFs Experience Muted Reception Compared to US Counterparts ...
Hong Kong's Spot Crypto ETFs Experience Muted Reception Compared to US Counterparts
===============
#a8411540 ver:0.39
Hong Kong's spot crypto ETFs have had a muted reception compared to their US counterparts, with only $14 million in inflows for Bitcoin ETFs and $9.3 million for Ether ETFs. Despite low trading volumes, there is high interest among Hong Kong investors, but access is restricted. The $310 million valuation of these ETFs is proportionately equivalent to a $50 billion valuation in the US market. #CryptoETFs #HongKong #USMarket...
#newstr #HongKong #Crypto #Etfs #Bitcoin #Ethereum
https://here.news/story/a8411540?ver=0.39Published at
2024-05-06 23:23:27Event JSON
{
"id": "6ecb1abc1f06d2a3de7fd160aa595d92ae248c53f0f5e123a79a897447fac7db",
"pubkey": "611286153c7eb6d8426e33e9a47bf5bfe9b706cba7ca555a0863327fb2be9718",
"created_at": 1715037807,
"kind": 1,
"tags": [],
"content": "Hong Kong's Spot Crypto ETFs Experience Muted Reception Compared to US Counterparts\n===============\t\n#a8411540 ver:0.39\n\nHong Kong's spot crypto ETFs have had a muted reception compared to their US counterparts, with only $14 million in inflows for Bitcoin ETFs and $9.3 million for Ether ETFs. Despite low trading volumes, there is high interest among Hong Kong investors, but access is restricted. The $310 million valuation of these ETFs is proportionately equivalent to a $50 billion valuation in the US market. #CryptoETFs #HongKong #USMarket...\n\n#newstr #HongKong #Crypto #Etfs #Bitcoin #Ethereum \n\n https://here.news/story/a8411540?ver=0.39",
"sig": "b9c891aba5e6f01865be36c1453f4f0231157cfb2319b29245b3c4b32979439fca955017c7b3fa9ebee69328309e41947e46826ba5001d5195f295c3f659b6aa"
}