First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval

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First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval
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Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.

However, these announcements seem to have front-run an official statement from the Securities and Futures Commission , which has not posted a list of approved issuers. Some of the posts have since been deleted. Singapore-based analytics company 10x Research said in a note there is a 100% probability that Hong Kong will not be the last jurisdiction to approve bitcoin ETFs, and more will likely follow.

Ondo Finance’s ONDO also gained, climbing 18% over the past 24 hours.The two firms have entered into a strategic partnership, which would see LBBW provided with “Investment-as-a-Service” infrastructure to “store and procure cryptocurrencies,” including bitcoin.

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