The trade agreements between China and Hong Kong could allow mainland investors to access spot BTC ETFs in Hong Kong.
The launch of spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) in Hong Kong on April 30 has opened new avenues for Asian traders.
While the first week of trading for Hong Kong-based spot ETFs was lukewarm compared to their counterparts in the United States, Hong Kong’s proximity to China has made it a key point of discussion on whether the ETFs could be accessible to mainland China investors.
Richard Byworth, managing partner at SyzCapital and BTC investor, has ignited rumors with recent comments suggesting that Bitcoin ETFs listed in Hong Kong could soon be accessible to investors from mainland China.
