China is about to start bidding Will Hong Kong Bitcoin ETFs spark the halving rally? Cointelegraph

Image for article China is about to start bidding Will Hong Kong Bitcoin ETFs spark the halving rally? Cointelegraph
News Source : Cointelegraph

News Summary

  • Hong Kong regulators could approve both Bitcoin and Ether ETFs on April 15
  • The approval could attract more buying demand for Bitcoin, by offering BTC exposure to both retail and institutional investors in Hong Kong
  • Large investors, or so-called mega whales, that are holding at least 10,000 BTC are accumulating Bitcoin at the current price level

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