Hong Kong ETF Launch Flopped? | China Ban Reversed Soon?
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The highly anticipated launch of Hong Kong's first Bitcoin and Ethereum exchange-traded funds (ETFs) has sparked a mixed reaction in the crypto world. While some viewed the listings as a monumental step towards mainstream adoption, others were underwhelmed by the lackluster trading volumes on the debut day. The six ETFs, which track the spot prices of Bitcoin and Ethereum, collectively garnered around $11 million in trading volumes – a mere fraction of the $4.6 billion recorded by the first U.S. Bitcoin futures ETF on its opening day.
Hong Kong ETF Launch Flopped? | China Ban Reversed Soon?
Hong Kong ETF Launch Flopped? | China Ban…
Hong Kong ETF Launch Flopped? | China Ban Reversed Soon?
The highly anticipated launch of Hong Kong's first Bitcoin and Ethereum exchange-traded funds (ETFs) has sparked a mixed reaction in the crypto world. While some viewed the listings as a monumental step towards mainstream adoption, others were underwhelmed by the lackluster trading volumes on the debut day. The six ETFs, which track the spot prices of Bitcoin and Ethereum, collectively garnered around $11 million in trading volumes – a mere fraction of the $4.6 billion recorded by the first U.S. Bitcoin futures ETF on its opening day.