[May 21 9:35 AM] According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops…
[May 20 6:24 PM] Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206)…
[May 17 10:31 AM] Since 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…
[May 17 9:45 AM] The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster…
[May 17 4:09 AM] While Hong Kong residents can sign up for a digital yuan wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.
[May 8 5:47 AM] A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services.
[May 7 7:36 AM] Regulators like HKMA and SFC united with local private sector firms like HSBC and HashKey to support the market of tokenization in Hong Kong.
[May 6 6:31 AM] The Tiger Trade app allows professional traders access to 18 different cryptocurrencies alongside stocks, futures, U.S. Treasury bonds and Bitcoin ETFs.
[May 2 3:51 AM] Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?
[Apr 30 11:30 AM] The amount of assets under management remains muted compared to the billions of dollars attracted by U.S. spot Bitcoin ETFs in January.
[Apr 30 10:27 AM] Bitcoin could continue its decline below the $60,000 psychological mark after the debut of Hong Kong ETFs proved to be a sell-the-news event.
[Apr 30 6:26 AM] Hong Kong’s debut of six spot bitcoin and ethereum exchange-traded funds (ETFs) garnered HK$87.5 million ($11 million) on their first day, April 30. However, these ETFs underperformed compared to their U.S. counterparts, which had attracted…
[Apr 30 4:55 AM] The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 total spot Bitcoin and Ethereum ETFs last week.NEW: Opening
[Apr 30 3:33 AM] Bitcoin and Ethereum spot ETFs began trading in Hong Kong, but day-one trading volumes were a fraction of those recorded in the United States in January 2024.
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