Saturday, 18 May 2024

Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch

by BD Banks

Lackluster Performance for Hong Kong Bitcoin ETFs Since LaunchSince the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs in Hong Kong experienced net negative outflows of approximately 104.79 BTC, valued […]
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