Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst

The approval comes after U.S. regulators three months in the past greenlit the primary spot-based bitcoin ETFs in that nation, a significant breakthrough for the crypto trade that expanded the investor base for the most important and oldest crypto asset and dominated the digital asset market narrative for months. Led by world asset administration big BlackRock’s providing, the funds have since amassed over $12 billion in web inflows,, serving to propel BTC one month in the past to a recent all-time excessive value over $73,000.