Hong Kong's crypto ETFs off to bumpy start amid slumping bitcoin price, low trading volumes
The city’s three ETFs that invest directly into bitcoin saw US$5.5 million change hands on Friday, down from US$8.6 million in their Tuesday debut.
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The city’s three ETFs that invest directly into bitcoin saw US$5.5 million change hands on Friday, down from US$8.6 million in their Tuesday debut.
The Grayscale Bitcoin Trust (GBTC), which has long traded at a steep discount to its net asset value, has risen sharply since Thursday.
Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania. Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty
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