2024-12-26T09:11:34+0000

Investors Brace for New Investments as Hong Kong Approves Bitcoin ETFs

Investors Brace for New Investments as Hong Kong Approves Bitcoin ETFs Hong Kong market regulator has greenlighted the launch of Spot Bitcoin ETFs, prompting a 3% surge in the market value of the world’s largest cryptocurrency. Three ETF providers have reported receiving clearance from the Hong Kong Securities and Futures Commission. ChinaAMC obtained regulatory approval for virtual asset management services, while Harvest Global and Bosera International were also given the green light for Bitcoin ETFs. Despite regulatory approval, the launch dates of Hong Kong's ETFs have not been announced. Hong Kong aims to establish itself as a regulated crypto hub. This comes after US money managers secured initial approval for Bitcoin ETFs earlier this year. --- Hong Kong | Bitcoin | ETFs | Bitcoin ETF | Investments | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News #hongkong #bitcoin #bitcoinetf #etfs #investment #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. https://www.youtube.com/@Firstpost Follow Firstpost on Instagram: https://www.instagram.com/firstpost/ Follow Firstpost on Facebook: https://www.facebook.com/firstpostin/ Follow Firstpost on Twitter: https://twitter.com/firstpost Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V

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