HONG KONG FIRST BITCOIN SPOT ETFS BEGINS TRADING 30th of April , 2024
On the 30th of April, 2024, the Hong Kong first bitcoin exchange-traded funds (ETFs) began trading. Despite the ban on cryptocurrency in China, Hong Kong have been leading the BITCOIN crypto market in Asia. The list of the six (6) newly established bitcoin and ether Spot ETFs are; Bosera HashKey Bitcoin ETF (3008.HK), Bosera HashKey Ether ETF (3009.HK), ChinaAMC Bitcoin ETF (3042.HK), ChinaAMC Ether ETF (3046.HK), Harvest Bitcoin Spot ETF (3439.HK) and Harvest Ether Spot ETF (3179.HK).
Although the bitcoin spot ETFs began operation today, they failed to lift bitcoin price value. Bitcoin price dropped today to about $60300 benchmark. For more information about the newly established bitcoin ETFs in HONG KONG CLICK HERE