I mean it's more about the fact that there won't be all that much money invested into it. All those "oh my god blackrock EFT might get accepted!!!" news are not happy because they will get an ETF, they don't even care, most of them are buying bitcoin themselves anyway, they do not need ETF at all. So why are they getting excited about that one, but not about this one? Simply because the amount of money that could go into it.
If this Hong Kong ETF deal gets accepted, do you think billions of dollars will fly into crypto? Of course not, but if Blackrock one gets accepted, that might happen. That is the difference maker and that is why people do get excited about it, which makes sense if you ask me. I think that's an important distinction, and that is why it is not the ETF they are excited about, it is the money that will go into bitcoin that they are super excited about. That should be the most important part, how much money it will help us get.