Hong Kong Spot Bitcoin ETFs Won’t See Much Inflows, Says Bloomberg Analyst

Earlier today, the Hong Kong Securities and Futures Commission (SFC) approved spot Bitcoin ETFs and spot Ethereum ETFs that would soon be available for trading in two weeks from now. The development has created a major uproar in the crypto community showing a wider acceptance of crypto investment products. However, the major question in everyone’s mind is will these Hong Kong spot Bitcoin ETFs drive similar inflows to their US counterparts?