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Topic: Bitcoin ETFs coming to China? - page 2. (Read 224 times)

sr. member
Activity: 1554
Merit: 334
May 16, 2024, 04:44:41 AM
#2
Not surprised that CCP has something to do with the Hongkong ETF, don't expect that ETF to happen in the mainland, bitcoin is like gambling to China, they're hypocritically repulsed by it but they can't ignore the value and benefit that you can get out of it that they've got an administrative regions for gambling and they build their casinos outside the mainland, that's the same thing with this one and that's why they also want to invade Taiwan, more regions outside of China to do hypocritical stuff.
newbie
Activity: 28
Merit: 25
May 16, 2024, 04:25:03 AM
#1
https://weekly.caixin.com/2024-05-11/102195119.html?p0#page2

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Caixin reported that most of the issuer headquarters of Hong Kong cryptocurrency ETFs are under the direct leadership of Beijing’s regulatory authorities. Therefore, experimenting with cryptocurrency in HK can be regarded as in line with China’s national strategy. In the future, it does not rule out opening up to hundreds of millions of cryptocurrency investors in mainland China



it will probably happen some day. question is when.
for now, the volume of those HK etfs is very low... but if they're just a test before  the big boys come in, hell i'll take it.
https://sosovalue.xyz/assets/etf/hk-btc-spot
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