Hong Kong Bitcoin ETF will increase by more than 40% in 2024, but Ethereum ETF will only grow by about 1%
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2025-01-02 11:03 5,128
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Golden Finance reports that global stock markets will rise by 17% in 2024, gold prices will also rise by 27.2%, and Bitcoin will surge by more than 1.2 times. In Hong Kong, the approval of 11 Bitcoin spot ETFs by the Hong Kong Securities Regulatory Commission early last year was regarded as a milestone, providing investment opportunities for institutional investors. Among them, the Bitcoin spot ETFs have risen by 40% since their listing at the end of April last year; however, Ethereum spot ETFs generally only rose by about 1%, underperforming the rise in ETH prices. Analysts believe that last year was an important year of change for the industry. It is expected that the key words of the industry this year will include compliance implementation, institutional layout, favorable policies, and innovation breakthroughs.