The recently approved Hong Kong Bitcoin spot ETFs saw low trading volumes on the first day, but industry experts believe in their long-term potential for substantial growth.
The $8.5 million total trading volume for all Hong Kong Bitcoin ETFs was dwarfed by the $4.6 billion in trading volumes seen by U.S. spot Bitcoin ETFs on their first day.
Samson Mow believes that despite the modest start, Bitcoin ETFs in Hong Kong will have significant long-term implications due to limited investment options for Chinese investors.
The launch of Bitcoin ETFs in Hong Kong is expected to attract more institutional investors and contribute to mainstream adoption of Bitcoin in the region, positioning Hong Kong as a key player in the future of Bitcoin in Asia.
[
add
]
[
|
|
...
]