According to a research report by ETF analyst Rebecca Sin, Hong Kong's goal is to achieve the creation and redemption of spot Bitcoin ETFs in the second quarter. This may be a major market opportunity that can significantly increase the asset management scale (AUM) and trading volume of Bitcoin ETF issuers in the region. According to the report, Hong Kong's goal is to physically create ETFs, which is completely different from the US. The US only allows the use of cash, that is, “cash in, Bitcoin ETF out,” while Hong Kong is “Bitcoin in, ETF out”. This may be an opportunity for the market.
香港实物比特币ETF可能是一个重大的市场机会
Hong Kong physical Bitcoin ETF could be a major market opportunity
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