It has been reported that the Hong Kong Securities and Futures Commission has approved spot ETFs for Bitcoin and Ethereum. Although there is no official statement yet, the markets have started to turn green.
Cryptocurrency markets have been very active lately. Just a few weeks ago exceeding 70 thousand dollars Bitcoin (BTC), which reached a new ATH (all-time high) level, was affected by Iran’s air strike on Israel last weekend. because of experienced a serious decline.
But today, markets enabling recovery There was a development. According to news from East Asia, the Hong Kong Securities and Futures Commission has issued a decision for Bitcoin (BTC) and Ethereum (ETH). spot ETF He gave his approval.
No official statement was made: But…
The statement on the subject was made by companies such as China Asset Management and Bosera Capital, which applied for spot ETFs to the Hong Kong Securities and Futures Commission. came from companies. The companies published announcements on their official WeChat accounts and announced that the commission had approved spot ETFs for BTC and ETH. However, the Hong Kong Securities and Futures Commission made no statement.
The latest situation in the cryptocurrency markets is as follows:
When we look at Coinmarketcap data, all of the 10 largest cryptocurrencies by volume are lower than 24 hours ago. is valued We see. In this context; Bitcoin (BTC) is currently trading at $66,500. Ethereum (ETH) appreciated by 5.69 percent $3,266 rose to levels. Binance Coin (BNB) is trading at $578 and Toncoin (TON) is trading at $7.06.
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An investigation by the Hong Kong Securities and Futures Commission to understand what happened We need to wait for the official statement. It should not be forgotten that a single news does not mean that the market will rise. However, a single piece of news can cause sharp declines in the markets. For this reason, your risk assessment Do it very well.
*This content cannot be considered as investment advice.
Source :
https://www.coindesk.com/policy/2024/04/15/btc-eth-rise-as-hong-kong-bitcoin-etf-applicants-say-theyve-been-approved/?utm_medium=referral&utm_source=rss&utm_campaign =headlines