Hong Kong Bitcoin ETF will increase by more than 40% in 2024, but Ethereum ETF will only increase by about 1%
global stocks rose 17% in 2024, while gold prices also rose 27.2%. Bitcoin surged more than 1.2 times. In Hong Kong, the approval of 11 Bitcoin spot ETFs by the Hong Kong Securities and Futures Commission in early 2023 was seen as a milestone, providing institutional investors with investment opportunities. Among them, Bitcoin spot ETFs have risen by up to 40% since their listing at the end of April last year. However, Ethereum spot ETFs have generally only risen by about 1%, which is not as good as the rise in ETH prices. Analysis believes that last year was an important year of transformation in the industry, and this year's industry keywords are expected to include compliance landing, institutional layout, policy benefits, and innovation breakthroughs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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