Hong Kong debuts Asia's first spot bitcoin and ether ETFs by reputable managers, marking a significant milestone in virtual asset investment in the region.
HK crypto-spot ETF market launches coincided with US BTC-spot ETF outflows for the fifth day as investors considered the looming FOMC press conference.
With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following the approval of 11 spot bitcoin ETFs on Jan. 10. Zhu Haokang, head of digital […]
Major stock indexes in the Asia-Pacific region traded higher on Monday with Hong Kong's Hang Seng index adding over 2% after The People's Bank of China (PBoC) decided to keep its interest rate
Hong Kong’s stock exchange indicated the bourse is open to an expanded roster of crypto exchange-traded funds, as the city’s first spot-Bitcoin and Ether products go live.
City is also set to face rainy week ahead brought by a trough of low
Morgan Stanley, a leading global investment bank, is reportedly considering expanding access to bitcoin spot exchange-traded funds (ETFs). The firm may soon authorize its approximately 15,000 brokers to actively solicit customer purchases. Morgan Stanley to Widen Access to Spot Bitcoin ETFs Global investment bank Morgan Stanley is contemplating broadening access to spot bitcoin exchange-traded funds […]
The Advisory Council on the Environment has unanimously endorsed the environmental impact assessment report on the San Tin Technopole with eight conditions.
While attention was focused on Singapore’s exclusive deal to host Taylor Swift’s Eras Tour concerts and Lionel Messi’s absence from a Hong Kong exhibition march, the city’s jazz fans were excited at a planned visit by three times Grammy Award winner Diana Krall. I share the disappointment over Messi and Swift even though it had […]
A government advisory body has conditionally approved a report on the environmental impact of building a technology hub near the city’s border with mainland China, despite criticism from green groups. The Advisory Council on the Environment (ACE), a government-appointed body, on Monday unanimously endorsed the government’s environmental impact assessment for the San Tin Technopole. See […]
Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC) teeters on the brink of falling below the 300,000 mark, as it recorded a holding of 304,970.43 bitcoins as of […]
PRESS RELEASE. Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong’s commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is […]