Bitcoin

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Spot

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<ul> 
 <li>According to Bloomberg analyst, a major Hong Kong-based asset management company, Yong Rong Asset Management, has made a surprising move into Bitcoin Spot ETF.</li> 
 <li>The firm has invested a significant amount in the IBIT Bitcoin Spot ETF, purchasing $38 million worth, which currently makes up 12% of its reported assets.</li> 
 <li>Despite Hong Kong having its own ETFs, the irresistible combination of low fees and high volume continues to draw international investors to US ETFs.</li> 
</ul> 
<p><strong>Major Hong Kong asset management firm, Yong Rong, makes a significant investment in Bitcoin Spot ETF, highlighting the growing interest in cryptocurrency investments among traditional financial institutions.</strong></p>
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Hong Kong Asset Management Firm Makes Major Move in Bitcoin (BTC) Market

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