Despite initial volume concerns, Hong Kong’s crypto ETFs launch with strong assets

Quick Take The highly anticipated Hong Kong exchange-traded funds (ETFs) tracking Bitcoin and Ethereum had their first trading day, and while the volume figures may have appeared underwhelming at first glance, senior Bloomberg ETF analyst Eric Balchunas explained that the debut was actually quite strong. The ETFs traded a combined 87.58 million …

This post was published at CryptoSlate