Asia's first bitcoin and ether ETFs gain in their Hong Kong debut (Communities - News & Events)

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Asia's first bitcoin and ether ETFs gain in their Hong Kong debut


Such a choice ought to be appealing to financial backers as token proprietors "can consider the advantage of holding through the ETFs without the expense of switching over completely to government issued money first," said Robert Zhan, risk warning chief at KPMG China.

A few investigators expect that the vast majority of the underlying inflows will come from neighborhood retail financial backers, given the expenses.

The story proceeds

The administration charge of Hong Kong's Cryptospot ETFs, going from 0.3% to 0.99%, is a lot higher than that of current US-recorded ETFs, because of the predetermined number of directed specialist co-ops inside the city's severe lawful structure .

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2024-05-19 (0.223 sec)