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