Chinese Investors Gain Access through Hong Kong's Cryptocurrency ETFs

Quick Summary:

The CEO of China Asset Management Co., Yimei Li, regards the recent launch of spot-Bitcoin and Ether exchange-traded funds (ETFs) in Hong Kong as a pivotal moment for Chinese investors seeking diversified investment avenues.

Interestingly, the launch of the Hong Kong Bitcoin ETFs comes at a time when the US Bitcoin ETFs are experiencing net outflows over the last week.

Hong Kong Bitcoin ETFs have finally gone live for trading setting up high expectations among investors.

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Article Details

Category: Crypto

Markets: IndiaChinaHong Kong

Topics: ETF 24/7 Cryptocurrency News China crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-30 @ 14:01:25 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20834317

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News Last Updated: 9 hours ago

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