In 2 days, Hong Kong’s spot Bitcoin and Ethereum ETF (Traded Open End Index Fund) will officially open for trading! From being expelled from China in the 94 cryptocurrency circle, to today being led by state-owned enterprise public funds to issue cryptocurrency ETFs, history has truly turned a big circle!
The recent $20 billion seizure incident has finally made senior management realize what it means to completely abandon the jurisdiction over encrypted assets in this era! The approval of ETFs by the US Securities and Exchange Commission, which has the strictest regulation, has attracted trillions of global funds, making us realize how hasty our approach was.
Originally, we had the absolute advantage of Bitcoin’s computing power and had the world’s largest cryptocurrency exchanges in terms of trading volume, but due to the shortsightedness of the mediocre, we gave them away!
So this ETF battle is another historical opportunity to make up for the losses and regain air superiority. Don’t be afraid to take over, bravely go up! The Americans are net outflows, so we are net inflows, bringing Bitcoin back to Hong Kong! Let the Americans ultimately regret selling it away! History has proven that Bitcoin is not trapped, only sold!
A spokesperson for HashKey stated that the spot Bitcoin and Ethereum ETF jointly issued by HashKey Capital and Bosch International will open for trading on April 30th.It is reported that two ETFs are expected to be listed on the Hong Kong Stock Exchange, tracking the prices of Bitcoin and Ethereum respectively, and adopting a “physical” subscription mechanism, allowing investors to directly subscribe to ETF shares using Bitcoin and Ethereum.
Anyone with a Hong Kong securities account can directly enter the “fund code” in the securities account to buy and sell BTC and ETH funds! And it can be exchanged for real BTC and ETH physical items! You can trade with physical goods! Those who call Bitcoin a foam, see clearly! Bitcoin is not a foam, but a world currency that can be turned into hard currency of Hong Kong dollars at any time!
Author:BticoinKOL,Source:https://bitcoinkol.com/archives/5127
