What are institutional funds waiting for as Hong Kong sets an end-of-2026 deadline to complete its comprehensive crypto licensing framework?

Christopher Hui’s announcement that legislation will cover four areas—trading, custody, advisory, and asset management—shows that the path is gradually being cleared for major funds. The biggest obstacle to huge sums flowing into $BTC or $ETH isn’t price volatility, but secure custody arrangements and clear legal protections. Applying traditional financial standards will provide a launchpad for long-term accumulation.

At the time of writing, $BTC is holding around $86,159.9 (+0.19% over 24 hours). The price hasn’t surged yet because whales are quietly accumulating rather than rushing to drive a rally. If you’re trading futures, be cautious of liquidity-hunting traps on both sides of this range. Don’t rush into large positions—prioritize risk management.

Take a look at the $BTC chart below and see how buying and selling pressure looks! 👇

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