Two Hong Kong asset management companies have purchased $112 million of US spot Bitcoin ETFs
On May 3, according to Watcher.guru, two Hong Kong asset management companies have purchased up to US$112 million in US spot Bitcoin ETFs. Data showed that in addition to Yong Rong Asset Management's purchase of BlackRock IBIT ETF worth US$38 million, another Ovata Capital Management purchased four US spot Bitcoin ETFs with a total investment of more than US$74 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
More Hawkish Than Market Consensus! JPMorgan: South Korea Interest Rates Targeted at 3.75%, Terminal Rate ‘Ceiling’ Undetermined
JPMorgan believes that if semiconductor-driven growth triggers stronger inflation and credit and financial markets remain stable, its already above-market-consensus forecast for South Korea's interest rates will face upside risks.
Ackman "Switches Holdings" to AI Giants: Sells All Alphabet (GOOGL.US) Shares, Increases Meta (META.US) Holdings—Should Investors Follow?
Ackman made it clear that this is not a bearish outlook on Alphabet, but rather a decision to shift funds to other, more attractive opportunities given the current valuation.
New Zealand Dollar languishes near two-month low vs USD as bears await break below 0.5700
Crypto prices
More
