News with the tag "Hong Kong Bitcoin ETFs"

For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.

Spot Bitcoin ETFs Funds in Hong Kong and Australia have witnessed significant inflows. The ETF inflows marked a record high amidst a substantial selloff by the German government. Moreover, the global BTC ETF market has regained momentum with a staggering 1.05 million BTC stacked. Overview Of Hong Ko...

While the German government was on a strong selling spree throughout this week, spot Bitcoin ETFs in the US witnessed heavy accumulation netting inflows of more than $1.1 billion this week. As a result, the Bitcoin price has managed to prevent any major volatility and is currently trading 1.21% up a...

After seven consecutive days of strong outflows, the spot Bitcoin ETFs have finally turned the trajectory recording $31 million in net inflows on Tuesday, June 25. While the Grayscale GBTC saw net outflows, Fidelity FBTC managed to offset this with $48.8 million in inflows. Bitcoin price has reacted...

In a notable contrast to Western markets, Hong Kong investors are showing increased interest in Bitcoin ETFs despite the current market downturn. This divergence highlights a growing East-West divide in cryptocurrency investment strategies. While U.S. spot Bitcoin ETFs are experiencing outflows, Hon...

Hong Kong’s Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) experienced their largest-ever net outflow on Monday, May 13. This event wiped out all gains made since its launch less than two weeks ago. Major Outflows Hit Hong Kong Crypto ETFs Hong Kong’s spot Bitcoin ETF funds, managed b...

In what seems to be a major turnaround, the cryptocurrency investment products recorded inflows for the very first time over the past five weeks. Last week, the crypto investment products clocked $130 million in net inflows. While the Bitcoin investment products saw net inflows of $144 million. Bitc...

Hong Kong Bitcoin (BTC) and Ethereum (ETH) ETFs have experienced a setback despite the optimism in the crypto community. One of the newly launched Hong Kong Bitcoin ETFs noted a negative flow on Monday, May 6. Meanwhile, the other Hong Kong crypto ETFs didn’t witness any flows despite the Bitcoin pr...

In a milestone moment for the cryptocurrency industry, Hong Kong’s debut of Bitcoin Exchange-Traded Funds (ETFs) has captured global attention with an impressive accumulation of $258 million worth of Bitcoin within the first week of trading. Led by the Huaxia Bitcoin ETF, Harvest International Bitco...

On Friday, May 3, the Bitcoin price jumped soon after the release of the US jobs data with nonfarm payrolls coming much less than expected thus increasing the chances of a dovish stand by the Fed. This helped to arrest the seven consecutive days of outflows from US Bitcoin ETFs with flows turning ne...