ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B revenue estimate
Following Hong Kong's licensing of the region's first-ever bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg senior ETF analyst Eric Balchunas shared his insights on the new additions on social media. Despite expectations of significant capital inflows into Hong Kong ETFs, Balchunas stressed that this is a positive step forward, though. […]