"Hong Kong Greenlights First Bitcoin and Ethereum ETFs"

1 min read
Source: Bloomberg
"Hong Kong Greenlights First Bitcoin and Ethereum ETFs"
Photo: Bloomberg
TL;DR Summary

Hong Kong has given initial approval for spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs), with Harvest and HashKey among the issuers reporting that they have received approvals. The news has contributed to Bitcoin's extended gains as the cryptocurrency market received a boost from the city's decision.

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