Challenge to Crypto Hub Dream: Hong Kong’s Spot Crypto ETFs Experience Outflows

After roughly two weeks of trading, Hong Kong’s debut of spot crypto exchange-traded funds (ETFs) has failed to excite as expected. Data shows a significant decrease in the total assets of six newly launched Bitcoin and Ethereum ETFs in Hong Kong. This drop highlights the challenges Hong Kong faces in the competitive crypto market. Challenges Facing Hong Kong’s Ambitions as a Crypto... source: https://beincrypto.com/hong-kong-spot-crypto-etfs-struggle/