The Impact of Bitcoin ETFs in Asia

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On today's episode of "Markets Daily," Helene Braun is joined by Vivien Wong, Partner, Liquid Fund at HashKey Capital, to delve into the significance of Hong Kong-listed ETFs in the Asian market. They explore the accessibility of these ETFs for Chinese investors and the competitive landscape within the ETF market. The conversation also delves into the prospects of cryptocurrency in China, upcoming developments in the ETF industry, and the growing interest in tokenization among traditional financial institutions in Asia.

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Takeaways |

• Bitcoin and Ethereum prices have remained relatively stable, with Bitcoin around $62,000 and Ether below $3,000.
• Bitcoin ETFs in Hong Kong have seen inflows from both crypto native companies and institutional investors.
• The success of ETF products in Hong Kong could influence China's stance on crypto regulation.
• The SEC's crackdown on crypto in the US is a topic of discussion in Asia, but there is still optimism about the growth of crypto in the region.
• Traditional financial banks in Asia are interested in tokenization and are working with regulators to launch tokenized products.

LINKS |

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Hashkey

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This episode was hosted by Jenn Sanasie. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.