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Cryptocurrency News Video

Hong Kong's Bitcoin and Ethereum spot ETF has been approved, and the first batch of Bitcoin spot ETFs and Ethereum spot ETFs in the Asian market will be launched soon!

Apr 26, 2024 at 06:39 am 4E财经

It is reported that the first batch of Bitcoin spot ETFs and Ethereum spot ETFs introduced a currency holding subscription mechanism (that is, allowing investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares). According to industry insiders, as the first ETFs in Asia that can directly use the corresponding cryptocurrency subscriptions, the launch of these products provides a new asset class investment method, which not only lowers the participation threshold, but also provides physical subscription and redemption. options, which enhance investment flexibility and market transparency, are expected to further promote the development of the virtual asset market in Hong Kong and even Asia as a whole, attracting more global capital inflows.
Video source:Youtube

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