Haha, Lao Tang hit the nail on the head again. In yesterday's article, I said, "Many people are wondering why the ETF fund will be launched tomorrow, but the price plummeted today? In fact, it's very simple. The fund must be priced down when it opens. In this way, after building a position, the fund manager will be able to operate more easily and the performance will be better. So today, it is estimated that the market will be suppressed to prepare for a high opening tomorrow!"

Can't hold it back! The national financial newspaper reported with a striking title "Historic Moment! Hong Kong Virtual Asset Spot ETF Shines on the Stage", and the comments were all lamenting: What the hell did you do earlier? Didn't you say Bitcoin is a scam? Didn't you say Bitcoin is a bubble that will eventually burst? Are you so proud now? Why do you have to follow the Americans in everything! Oh.
Many people are wondering why the ETF fund will be launched tomorrow, but the price plummeted today? In fact, it is very simple. The fund must be priced down when it opens. In this way, after building a position, it will be easier for the fund manager to operate and the performance will be easier to hit. So it is estimated that the market will be suppressed today to prepare for tomorrow's high opening!
2024-04-29 08:45·China Fund News reporter Fang Li Sun Xiaohui published a long article:
The Hong Kong market ushered in a historic moment, and the Bitcoin spot ETF and Ethereum spot ETF will make a shining debut!
The six virtual asset spot currency ETFs approved by the Hong Kong Securities and Futures Commission under China Asset Management Hong Kong, Bosera International and Harvest International were first issued on April 29 and officially listed on the Hong Kong Stock Exchange on April 30. These six ETFs show certain differences in product fees, transactions, issuance, virtual asset platforms, etc.
Analysts expect that the asset management scale of Hong Kong spot Bitcoin and Ethereum ETFs is expected to reach US$1 billion in the future, but whether this goal can be achieved may depend on the speed of improvement of infrastructure and ecosystem.
#ETH #BTC #香港数字货币ETF #热门话题 #币安广场