Reported 1 day ago
MicroBit Capital Management's successful launch of bitcoin and ether ETFs reflects the growing acceptance and integration of cryptocurrencies into mainstream finance, particularly in Hong Kong. Regulatory developments and increasing institutional investments are reducing volatility and expanding opportunities for digital assets. With a clear legal framework emerging, the city's ambition to become a digital asset hub is gaining momentum, as evidenced by rising allocations to cryptocurrencies from institutional investors and family offices.
Source: YAHOO