Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg

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Source: Coindesk.com

Hong Kong's financial regulator is likely to approve in-kind creations and redemptions for spot bitcoin ETFs. This could potentially pave way for a massive investor base across China to enter the crypto market. Several firms have applied to launch a spot bitcoin ETF on the Hong Kong Stock Exchange.

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The post "Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg" appeared first here Coindesk.com.

Source: Coindesk.com

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