It’s late at night, Wall Street elites are rushing to the morning market, and the US stock market is about to open. Three strong news came from the crypto market, all of which are good. Without further ado, let’s take a look:
1. Harvest International applied for Hong Kong’s first Bitcoin spot ETF!
On January 29, there were market rumors that Hong Kong’s first Bitcoin spot ETF had been submitted to the Hong Kong Securities and Futures Commission for application, and the applicant was Harvest Fund. Harvest International is the asset management subsidiary established by Harvest Fund in Hong Kong and is the first institution in Hong Kong to submit a Bitcoin spot ETF application.
2. BlackRock Bitcoin ETF assets under management reach $2 billion for the first time
On Saturday (January 27), the BlackRock Bitcoin ETF (IBIT) became the first of the recently launched spot Bitcoin products to reach $2 billion in assets under management (AUM). This does not include Grayscale’s GBTC, which had nearly $30 billion in assets under management when it converted from closed-end funds to spot ETFs.
3. Forbes: Bitcoin ETF will subvert the rules of the US dollar
The most far-reaching impact of ETF's drive to institutionalize Bitcoin is that it will be extremely difficult for the United States to ban digital assets, allowing Bitcoin to permanently drive the evolution of how money fundamentally operates! (Bitcoin = USD version 2.0) #ETH #BTC #内容挖矿
