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Published 18 days ago

Hong Kong launches Asia's 1st Bitcoin, Ether ETFs, pioneering virtual asset investment

Summary by WION
Hong Kong marked a milestone in its ambition to become a regional hub for virtual asset investment as it commenced trading Asia's inaugural spot bitcoin and ether exchange-traded funds (ETFs) on Tuesday. This move follows the US, which paved the way for mainstream investors to incorporate Bitcoin into their portfolios through ETFs pegged to the cryptocurrency's spot price.

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