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Selling bog standard HK domiciled ETFs or, for that matter, Mutual Funds in Mainland China is challenging enough. So, I’m more than a little skeptical crypto ETFs are going to get much traction. https://t.co/j2bRb0TFTI
Hong Kong’s Bitcoin and Ether ETFs will test Chinese restrictions on crypto investing with billions at stake https://t.co/t22ZJlLarh
The approval of Hong Kong's spot Bitcoin and spot Ether ETFs, begs the question — what's next for Asia? The ongoing debate is a testament to how big the industry has become, BitGo's Abel Seow shared with @DLNewsInfo. More below. https://t.co/PPd8o0HFNM
Mainland China investors are likely unable to purchase Hong Kong-listed spot Bitcoin ETFs due to restrictions on virtual assets. Although alternative routes exist, they also face potential shutdown. The approval of spot Bitcoin and Ether ETFs in Hong Kong raises questions about future industry developments and challenges Chinese restrictions on crypto investing.
