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Bitcoinist 2024-04-16 05:00:10

Hong Kong Bitcoin ETFs Expected To Lag Behind US Market With Meager $500M Inflows, Expert

The Hong Kong Securities and Futures Commission (SFC) has granted official approval for spot Ethereum and Bitcoin ETFs, signifying a major milestone for the crypto market in the region. However, while the approval brings excitement, Bloomberg Senior ETF analyst Eric Balchunas offered a more cautious analysis of the potential inflows into the newly approved market.

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