Hong Kong Bitcoin ETFs To Reach $1 Billion AUM By 2024 End, Kraken Unit Predicts | Bitcoinist.com

London-based CF Benchmarks, a unit of crypto exchange Kraken, is positioning itself as a notable beneficiary of the surge in spot Bitcoin ETFs this year and shares an increasingly bullish outlook for the ETF market in Hong Kong and the US through 2024.

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Hong Kong Bitcoin ETFs Expected To Lag Behind US Market With Meager $500M Inflows, Expert | Bitcoinist.com

The Hong Kong Securities and Futures Commission (SFC) has granted official approval for spot Ethereum and Bitcoin ETFs, signifying a major milestone for the crypto market in the region.

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Will Hong Kong’s Bitcoin ETFs Outshine US Peers?

Hong Kong is on the verge of a groundbreaking move in the Bitcoin space. According to a recent Bloomberg Intelligence report, the Hong Kong Securities and Futures Commission (SFC) is expected to approve spot Bitcoin ETFs with in-kind creations and redemptions in the upcoming second quarter.

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