“I think the ETFs were kind of an admission that bitcoin is here to stay,” Bailey said. “There’s no way that Hong Kong just accidentally stumbled into launching an ETF … It wasn’t random.”David Bailey, co-founder and CEO of BTC Inc,…
Chinese fund house Harvest Global Investments, one of the three issuers of Hong Kong’s first spot cryptocurrency exchange-traded funds (ETFs), is already thinking of a future that gives mainland investors direct access to its bitcoin and…
Grayscale is unlikely to sue the SEC for Ethereum ETFs like it did for Bitcoin.Pricing was one issue. Its ETF has hemorrhaged $17 billion in Bitcoin since January.Crypto asset manager Grayscale is unlikely to go to war again for…
In a significant development for the cryptocurrency market, Hong Kong has taken a pioneering step by launching six spot bitcoin and ether exchange-traded funds (ETFs), marking a monumental milestone as the first in Asia to offer…
Investors in the crypto industry are always searching for assets with the potential to yield high returns. This article discusses the 3 best crypto tokens currently gaining traction in the industry and helping investors make massive…
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In the latest big-name transaction around Bitcoin, $130 billion asset manager Hightower has revealed it purchased $68 million worth of Spot Bitcoin ETFs. Today, Hightower disclosed the following Bitcoin ETF positions in a 13F SEC…
Hong Kong’s approved spot Bitcoin (BTC) and Ethereum (ETH) ETFs have commenced trading with various conflicting views on their impact in the cryptocurrency market. On one hand, several commentators say it can boost the market out of the…
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