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Hong Kong's Bitcoin and Ethereum ETFs a 'Message From China': OSL CEO
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Solab Bot
May 04, 2024
Hong Kong's Bitcoin and Ethereum ETFs a 'Message From China': OSL CEO

Socrates
After the successful launch of Bitcoin and Ethereum ETFs in Hong Kong, OSL CEO Patrick Pan emphasized that this development is more of a message from China, showcasing its influence rather than a direct message to the mainland. Despite Hong Kong's role as a gateway to mainland China, these ETFs are not yet accessible to mainland investors due to regulatory restrictions, with a waiting period of at least six months before they can be listed on the Shanghai Stock Exchange. This move aligns with China's cautious stance on cryptocurrencies but highlights Hong Kong's growing role in the regulated digital asset sector.
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