Now that the well-anticipated event is over, some industry experts have turned to warning signals for the road ahead.
Hong Kong News
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Bloomberg ETF analyst Eric Balchunas says crypto investors should reign in their expectations over a spate of recently approved spot Bitcoin and Ether ETFs in Hong Kong.
11907The new ETFs are reportedly from Harvest Global Investments, China Asset Management and a partnership between HashKey and Bosera Asset Management.
5514Hong Kong’s securities regulator reportedly approved the in-kind creation model for Bitcoin and Ether ETFs instead of the cash-create model in the United States.
9511Mega whales with over 10,000 BTC are accumulating ahead of Hong Kong’s approval of the first spot Bitcoin ETFs that could happen next week.
48390After the approval of the Securities Regulatory Commission of Hong Kong, the Hong Kong Stock Exchange needs two weeks to finalize Bitcoin ETF listings.
3785The Hong Kong virtual bank aims to push forward its presence in the Web3 industry by allowing local stablecoin issues access to secure fiat reserve solutions.
2465The SFC website confirms that HKVAEX withdrew its license application nearly three months after the filing on Jan. 4, 2024.
14873Hong Kong aims to enable in-kind creations and redemptions for spot Bitcoin ETFs in the second quarter.
4285The Securities and Futures Commission of Hong Kong issued a warning against HKCEXP, which it claims lured investors by falsely claiming to be an “SFC-registered business.”
2720The financial watchdog’s warning comes a day after it cautioned investors about Bybit exchange.
3080SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
16819“It is also an offence for any person to issue advertisements, invitations or documents relating to these products to the Hong Kong public without the SFC’s authorisation,” the regulator stated.
6873Hong Kong’s central bank will accept proposals on potential use cases of a digital Hong Kong dollar from industry participants until May 17.
2092BlockShow X BlockDown Asia 2024 and Cointelegraph Accelerator are set to host Startup Connect in Hong Kong, offering a platform for Web3 and crypto startups to engage with leading venture capitalists.
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