Bitcoin News / Bitcoin.com - 3 days ago
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...
Bitcoin News / Bitcoin Magazine - 3 days ago
The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 total spot Bitcoin and Ethereum ETFs last week.NEW: ???????? Ope...
Bitcoin News / Bitcoin Magazine - 4 days ago
Spot Bitcoin exchange traded funds (ETFs) have officially gone live in Hong Kong as its stock market opens. OFFICIAL: SPOT #BITCOIN ETFS COMMENCE TRADING IN HONG KONG ???????? pic.twitter.com/yI8HsqRECf— Bitcoin Magazine (@BitcoinMagazine) Apri...
Bitcoin News / Bitcoin.com - 4 days ago
With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. followi...
Bitcoin News / Google News Bitcoin - 4 days ago
China Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to 'Exceed' US Debut – Finance Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoinist - 4 days ago
Market expert and researcher Jim Bianco recently voiced cautionary remarks regarding the alleged risks of spot Bitcoin ETFs. Bianco’s insights shed light on these ETFs’ implications for the market and address specific concerns related to...
Cryptocoins News / Finance Magnates - 4 days ago
Australia is preparing to join Bitcoin exchange-traded
fund (ETF) bandwagon. The country's primary equity exchange, ASX Ltd,
is anticipated to approve the launch of Bitcoin ETFs following similar approvals in the US and Hong Kong, Bloomberg reported....
Bitcoin News / Bitcoinist - 4 days ago
American multinational investment company, BlackRock has witnessed a significant lull in investments for its Spots Bitcoin ETF, iShare’s Bitcoin Trust (IBIT). With the ETF provider recording its longest period of zero flows, there may be possibilitie...
Bitcoin News / Bitcoin Magazine - 4 days ago
The Australian Securities Exchange (ASX), which accounts for the majority of trading volume in Australia, is expected to approve the country's first spot bitcoin ETFs on ASX before the end of 2024, according to a recent Bloomberg report citing anonym...
Bitcoin News / Bitcoinist - 5 days ago
Australia is poised to welcome a series of spot Bitcoin exchange-traded funds (ETFs) on its main stock exchange by the end of 2024, mirroring initiatives previously seen in the United States and Hong Kong. Key players in the financial industry, inclu...