Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Price Battle’ Unfolding, Says Analyst

by Jeremy

The approval comes after U.S. regulators three months in the past greenlit the primary spot-based bitcoin ETFs in that nation, a significant breakthrough for the crypto business that expanded the investor base for the most important and oldest crypto asset and dominated the digital asset market narrative for months. Led by world asset administration large BlackRock’s providing, the funds have since amassed over $12 billion in internet inflows,, serving to propel BTC one month in the past to a contemporary all-time excessive value over $73,000.

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