Hong Kong Crypto ETF Launches Will Test Ambition to Be Digital-Asset Hub [Yahoo! Finance]
BlackRock, Inc. (BLK)
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Source: Yahoo! Finance
Most Read from Bloomberg Tesla Stock in ‘No Man's Land' After 43% Rout Ahead of Earnings Taylor Swift Is Proof That How We Critique Music Is Broken Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Tech Giants Roar as Tesla Spikes in Late Hours: Markets Wrap Billionaire Pinaults Fight to Pull Gucci Off the Discount Rack Some of China's top asset managers are in the final leg of preparations for the spot-Bitcoin and Ether ETFs to begin trading potentially by the end of April. The launches will likely invite comparison with a slew of three-month-old US Bitcoin funds that took Wall Street by storm, garnering $56 billion in assets to date. Hong Kong for more than a year has been vying with the likes of Singapore and Dubai to develop a tightly regulated home for the virtual-asset industry, part of a plan to restore the city's reputation as a modern financial center following a crackdown on dissent that dulled its allure. The level of demand for the upcoming ETFs wi
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