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Hong Kong regulators approve launch of spot bitcoin and ether ETFs - TL;DR CNBC

Hong Kong regulators approve launch of spot bitcoin and ether ETFs

Publishing timestamp: 2024-04-15 08:45:26


Summary

Hong Kong regulators have approved the launch of spot bitcoin and ether exchange-traded funds (ETFs) for asset managers, following similar moves in the US. This comes as Hong Kong aims to become a regulated crypto hub, despite crypto trading being effectively banned in mainland China. Mainland Chinese investors' access to these ETFs is still uncertain.


Sentiment: NEUTRAL

Tickers: BTC.CM=ETH.CM=

Keywords: exchange-traded fundsunited statesbitcoin/usd coin metricsbusiness newsethereum/usd coin metricsbreaking news: marketstechnologyethereumbitcoinmarkets

Source: https://www.cnbc.com/2024/04/15/hong-kong-regulators-approve-spot-bitcoin-and-ether-etfs-.html


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