"Hong Kong Poised to Greenlight Asia's First Bitcoin Spot ETFs"

Hong Kong regulators are expected to approve spot bitcoin ETFs, potentially providing Chinese investors with an alternative to domestic real estate and stocks. Analysts believe the ETFs could lead to significant inflows into bitcoin, particularly from mainland investors seeking to diversify their assets. While the approval of ETFs could be a positive catalyst for bitcoin, it's unlikely that the flows will match those seen in the U.S. market.