Hong Kong's new ETF with a different in-kind generation model attracts interest worldwide, passing $100 million AUM in February, showing better performance where approved, marking a significant step for ETF acceptance in East Asia.
Mainland China's Harvest Fund, Southern Fund, and China Asset Management with billions in AUM unexpectedly join the Bitcoin ETF race, signaling a major development in the market.
Hong Kong emerges as a prime testing ground for Bitcoin ETFs due to its capital investment and international finance connections, setting the stage for further innovation in this market.
The entrance of major Mainland China asset managers like Harvest Fund and Southern Fund into the Bitcoin ETF space showcases a shifting landscape in the traditional asset management industry.
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