Global #Hong Kong

The success of these events paves the way for Hong Kong to solidify its position as a leader in the Asian crypto landscape. As the industry continues to evolve, future events in the city can be expected to explore groundbreaking concepts, foster collaboration, and shape the regulatory environment for cryptocurrencies in the region.

Following bitcoin's decline below $61,000 on Friday, spot bitcoin and ether exchange-traded funds (ETFs) listed in Hong Kong experienced significant outflows on Monday.

Hong Kong is rapidly becoming a major player in the Web3 space, and a recent panel discussion at Ordinals Asia explored why. Moderated by Yvonne Ye, the session featured prominent figures like Evan Auyang, Yat Siu (Animoca Brands), David Bailey (Bitcoin Magazine), and representatives from Cyberport and Punk8185

Ordinals Asia, held in Hong Kong on May 10th and 11th, 2024, served as a landmark event, bringing together the brightest minds from the East and West to explore this groundbreaking technology.

Harvest Global Investments, the firm behind the introduction of Hong Kong's first Bitcoin and Ethereum ETFs, is planning to extend these investment vehicles to mainland Chinese investors through the Hong Kong Stock Connect.

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.