Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quote from: Zeunerts on Today at 08:34:10 AM

Quote from: LFC_Bitcoin on Today at 06:24:36 AM

HUGE NEWS……

Gokhstein
BREAKING: Hong Kong greenlights spot Bitcoin & Ethereum ETF applications.
https://x.com/gokhshtein/status/1779755926020358197

@WatcherGuru
JUST IN: 🇭🇰 Hong Kong approves spot #Bitcoin & Ethereum ETF application.
https://x.com/watcherguru/status/1779754815947465186

@WuBlockchain
Breaking: China Asset Management, Bosera Capital, HashKey Capital Limited, etc. announced that their applications for Bitcoin and Ethereum spot ETFs have been approved by the Hong Kong Securities and Futures Commission, allowing investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares.
https://mp.weixin.qq.com/s/L41jvBB5hthR4mXRoL1G2Q
https://x.com/wublockchain/status/1779752184412008585

@WuBlockchain
Harvest Global Investments also announced that the Hong Kong Securities and Futures Commission has approved in principle the product of Bitcoin and Ethereum digital asset spot ETFs.
https://mp.weixin.qq.com/s/RXXt9vxETtk8NZrdffa1iQ
https://x.com/wublockchain/status/1779754057525342426

I'm split in my feelings regarding this. Part of me is thrilled another huge market is now going to join the competition in getting bitcoins.
The other part of me is not thrilled. Almost angry - because its China/HK.

Not sure if they can BAN these ETFs? Anyone know when will they begin trading?

When you see the shitcoin like ETH got approved, you know it's another sham by the CCP. They must approve the ETFs first in order to ban them later.