Disappointing Launch Day for Hong Kong’s Bitcoin, Ethereum ETFs as BTC Slumps Below $61K
Hong Kong’s debut of six new spot Bitcoin and Ethereum exchange-traded funds (ETFs) marked a trading volume of HK$87.5 million ($11.2 million). This volume was significantly below the inaugural trading of 11 spot Bitcoin ETFs in the U.S., which achieved a staggering $4.6 billion. Meanwhile, bitcoin’s price dumped below $61,000, having experienced a 2.3% decline […]
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