Browsing:BTC ETF

Hong Kong is poised to approve spot bitcoin and ether exchange-traded funds (ETFs) as soon as next week
1 month ago 1 min read

Hong Kong may soon approve major bitcoin and ether ETFs, reports suggest

Hong Kong is poised to approve spot Bitcoin and Ether exchange-traded funds (ETFs) as soon as next week, with HashKey anticipated to be among the initial recipients of approval. The company recently enhanced its license with the Securities and Futures Commission (SFC), granting it the authority to oversee digital asset products for retail investors. HashKey has formed a partnership with Bosera International to promote the development and expansion of specific industries, facilitating the introduction of these groundbreaking spot ETFs. The overseas division of Harvest Fund Management is also being considered for approval. These approvals may indicate a noteworthy change in

Recent rumors about BlackRock's plans to launch an XRP ETF have been debunked
4 months ago 1 min read

BlackRock Denies Launching XRP ETF Amid Speculations

Recent rumors about BlackRock’s plans to launch an XRP ETF have been debunked, with confirmation that the world’s largest asset manager has no plans to introduce a spot XRP exchange-traded fund. Larry Fink, BlackRock’s CEO, made comments that sparked speculation, prompting the clarification. BlackRock recently entered the cryptocurrency space, launching the iShares Bitcoin Trust, a spot Bitcoin ETF. The company has also filed for a spot Ether ETF called iShares Ethereum Trust. These funds are intended to reflect the prices of Bitcoin and Ethereum, demonstrating BlackRock’s strategic focus on the two leading crypto. BlackRock manages the iShares ETFs, which are