Hong Kong investment firms Victory Securities, Bosera Capital, Hashkey, and OSL Digital are reportedly selling the Hong Kong Bitcoin and Ethereum ETF to clients ahead of approval by the Securities and Futures Commission (SFC). The reported approval of Bitcoin and Ethereum ETFs in Hong Kong signals increasing institutionalization of crypto assets. In the US, the Bitcoin ETF market sees positive net inflows as investors anticipate value rise. Wealth management firms are predicted to own a Bitcoin ETF by the end of 2024, with expectations of increased adoption by major financial players. Standard Chartered Bank anticipates SEC approval for spot Ethereum ETFs on May 23.
Hunter Horsley, the CEO of Bitwise, predicts that wealth management firms will increase their #BitcoinETF holdings due to scarcity https://t.co/3pUxEZylz8
NEW: People are going to be stunned by how many wealth management firms own a #Bitcoin ETF by the end of 2024 - BitWise CEO Bitcoin ETF inflows are just getting started...
Hong Kong Ethereum and Bitcoin ETFs to start trading by 30th April and could bring in $25 billion
ETH is only $3,141 & a spot ETF might be approved in May https://t.co/rWSnYXh5ie
Standard Chartered Bank expects the SEC to approve spot #Ethereum ETFs on May 23 $ETH ETF is coming, so dont sleep on it 💯 https://t.co/ENjVSTyFTE
🚨JUST IN: WEALTH MANAGEMENT FIRMS WILL INCREASE THEIR #BITCOIN ETF HOLDINGS SAYS BITWISE CEO
Wealth Management Firms to Increase #Bitcoin ETF Holdings, Says @BitwiseInvest CEO https://t.co/xH2dA9bwAg
Bitwise CEO notes imminent rise in Bitcoin ETF adoption by major financial players. https://t.co/R6IVutjFWr
ICYMI: Bernstein reiterates bold #Bitcoin price prediction of $150,000 by 2025. Analysts anticipate surge fueled by rising ETF inflows and institutional integration. Explore the insights behind the forecast in our article. Read more: ↓ https://t.co/ABYKRYnxxE
By the end of 2024, people are going to be stunned by how many wealth management firms own a bitcoin ETF. They’re smart, many extremely well informed, and increasingly share conviction on Bitcoin. Oh, and they’re long only. Going to be an amazing new constituent in the…
The US Bitcoin ETF market saw a positive turn with net inflows, snapping a 5-day outflow streak. Investors anticipate a rise in value, shifting strategies to bulk up portfolios with Bitcoin. https://t.co/6tVMYPJUc2
Hong Kong's reported approval of $BTC and $ETH ETFs this week is the latest signal of the increasing institutionalization of the world’s leading crypto assets. An opinion: https://t.co/BpNZd2ekE8
Hong Kong investment firms Victory Securities, Bosera Capital, Hashkey and OSL Digital are reportedly selling the Hong Kong Bitcoin and Ethereum ETF to their clients frontrunning approval 👀 Securities and Futures Commission (SFC) has not posted a list of approved issuers yet.