Beijing Business Daily: Hong Kong Bitcoin, Ethereum spot or futures ETF related products are temporarily not open to mainland investors
2024-04-17 12:07
Odaily News According to Beijing Business Daily, whether it is Bitcoin, Ethereum spot ETF or Bitcoin, Ethereum futures ETF, the related products are not open to mainland investors for the time being. Southern East Investment said that as more market participants increase, it is expected that the demand for Bitcoin futures ETFs in Hong Kong, China will further increase, and the scale and trading volume will further increase. The reduction in the supply of Bitcoin will further increase the price of Bitcoin, boosting the positive sentiment in the market and further promoting the increase in market demand for Bitcoin futures ETFs. Southern East Investment also mentioned that its sub-funds are not directly or indirectly sold to legal persons or natural persons in mainland China, nor are they sold or sold for their own benefit. In addition, legal persons or natural persons in mainland China may not directly or indirectly purchase Southern East Investment Bitcoin Futures ETF or Southern East Investment Ethereum Futures ETF without first obtaining all necessary government approvals in mainland China.
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