Hong Kong's Bitcoin ETF Inflows Predicted to be a Fraction of US Levels
According to Foresight News, Bloomberg ETF analyst Eric Balchunas has predicted that the inflow of funds into Hong Kong's Bitcoin ETF may only amount to $500 million. This figure is less than one-thirtieth of the current inflow into Bitcoin ETFs in the United States. The prediction is based on the relatively small size of the Hong Kong ETF market. Furthermore, the three approved issuers in Hong Kong are not as large as institutions like BlackRock, which could result in comparatively higher transaction costs.
Disclaimer: Includes third-party opinions. No financial advice. See Risk Warning.Address：https://www.j56.xyz/news/bitcoin/2459.html
