Hong Kong crypto participants urge authorities to expedite approval and launch of Bitcoin ETF spot
According to a report, participants in Hong Kong's cryptocurrency industry are urging authorities to expedite the approval and launch of a Bitcoin ETF. Some key players in Hong Kong believe that continued delays will put Asian investors at a disadvantage. Local reports indicate that the Hong Kong Monetary Authority began accepting applications for a Bitcoin ETF in December 2023, but has yet to launch any related products. The report also revealed that authorities are considering approving an Ethereum ETF. Industry insiders believe that launching this initiative ahead of the United States will enhance Hong Kong's position in the global cryptocurrency market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jia Yueting: QLGN will be renamed to AIxCrypto before November 20
Michael Saylor: If you want to ride the rocket, you must withstand the pressure
Tom Lee: It appears that one or two market makers may have significant gaps in their balance sheets.
Trending news
MoreCrypto prices
More
