Bitcoin sells the news on Hong Kong ETF debut — Will BTC hold $60K?
Bitcoin could continue its decline below the $60,000 psychological mark after the debut of Hong Kong ETFs proved to be a sell-the-news event. Go to Source
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HK vs. US: China AMC Leads but Can’t Lift Hong Kong Spot Bitcoin ETFs to US Levels
Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted a much larger sum of $4.6 billion on their initial day. Despite High Hopes, Hong Kong’s Bitcoin ETFs Start Slow … Read more
Blockchain gaming firm Animoca Brands ‘comes to Bitcoin’
Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, initiated by Animoca and Darewise. Go to Source
Hong Kong Bitcoin and Ether ETFs have tough debut on first-day trading
Bitcoin and Ethereum spot ETFs began trading in Hong Kong, but day-one trading volumes were a fraction of those recorded in the United States in January 2024. Go to Source
Bitcoin price battles for $63K support amid warning bulls ‘complacent’
Bitcoin ETFs hitting Hong Kong excite markets overnight, but overall BTC price conditions remain precarious, analysts say. Go to Source
Hong Kong ETFs opens the ‘door’ to Chinese RMB holders, issuers say
Fund issuers and industry experts hope Hong Kong’s new crypto ETFs will open the doors for mainland Chinese investment in the future. Go to Source
Hong Kong ETFs begin trading, issuers unfazed if US declares ETH a security
Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang. Go to Source
Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded
Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao. Go to Source
Hong Kong spot crypto ETFs debut tomorrow: 6 things to know
Before the launch of spot cryptocurrency ETFs in Hong Kong, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market. Go to Source
Mainland China investors won’t be able to buy Hong Kong Bitcoin ETFs
Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago. Go to Source
