Hong Kong’s Bitcoin ETF Fails to Impress
21d ago•
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The newly launched Bitcoin and Ethereum exchange-traded funds (ETFs) in Hong Kong experienced an underwhelming first day of trading, generating a mere $11 million in combined volume, substantially below the anticipated $125 million. This low turnout reflects a broader issue of waning institutional interest and speculative demand within the cryptocurrency market.
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21d ago•
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bearish:
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