Global #ETF

VanEck’s spot Bitcoin exchange-traded fund (ETF) saw substantial growth in the first quarter of 2024.

This adjustment comes after the Securities and Exchange Commission (SEC) expressed apprehensions regarding staking, viewing it as a security, which prompted the revision.

Three Asian-based companies have collaborated to introduce Hong Kong's inaugural ETF liquidity fund, valued at approximately HK$1 billion (equivalent to about $128 million), as per a statement released on Wednesday.

The review time for the introduction of the Bitcoin spot ETF (exchange-traded fund) by cryptocurrency asset management business 7RCC has been extended by the US Securities and Exchange Commission (SEC).

The current dip in Bitcoin BTC bears some parallels to the cryptocurrency's behavior following the debut of the US ETF in January.

rypto fans are anticipating the introduction of spot exchange-traded funds linked to Bitcoin in Hong Kong tomorrow with great anticipation, and the ETF craze is still going strong.