April 30, 2024 in Hong Kong will start trading in spot ETFs on bitcoin and Ethereum. This is reported by Bloomberg with reference to a representative of one of the ETF providers – the company Hashkey.
Fund management fees will range from 0.3% to 0.99%, which is lower than expected.
Despite the positive outlook for the cryptocurrency industry as a whole, experts do not predict an explosive growth in the popularity of ETFs in Hong Kong.
Bloomberg Intelligence analyst Rebecca Sin believes that in the first two years, the amount of funds raised by bitcoin and Ethereum ETFs in Hong Kong will amount to no more than $1 billion. Read the original article – https://incrypted.com/spotovye-etf-na-baze-bytkoyna-y-ethereum-vyjdut-na-rynok-gonkonga-30-aprelja/.
