Bitcoin

Billion

<div class="code-block-grte code-block-grte-8" style="margin: 8px auto 8px 0; text-align: left; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>London-based CF Benchmarks, a unit of crypto exchange Kraken, is positioning itself as a notable beneficiary of the surge in spot Bitcoin ETFs this year and shares an increasingly bullish outlook for the ETF market in Hong Kong and the US through 2024.</li> 
 <li>With the recent debut of these ETFs in the US in January and their subsequent launch in Hong Kong, CF Benchmarks has become a key reference data provider for approximately $24 billion of cryptocurrency ETFs.</li> 
 <li>CF Benchmarks licenses its benchmarks to the ETFs and earns fees based on assets under management. The company currently represents around half of the crypto benchmarking market and is actively collaborating with the new Bitcoin ETFs in Hong Kong.</li> 
</ul> 
<p><strong>CF Benchmarks, a unit of Kraken, is capitalizing on the surge in Bitcoin ETFs, becoming a key reference data provider for $24 billion of cryptocurrency ETFs and sharing a bullish outlook for the ETF market through 2024.</strong></p> 
<h2 id="strong-bitcoin-etfs-set-to-shine-in-hong-kong-strong"><strong>Bitcoin ETFs Set To Shine In Hong Kong</strong></h2> 
<p>CF Benchmarks licenses its benchmarks to the ETFs and earns fees based on assets under management. The company currently represents around half of the crypto benchmarking market and is actively collaborating with the new Bitcoin ETFs in Hong Kong. Sui Chung, the CEO of CF Benchmarks, told Bloomberg that he envisions expanding crypto ETFs into other markets such as South Korea and Israel. Chung notes that South Korea, in particular, has seen ETFs become the preferred option for long-term savings and has shown a high level of adoption of digital assets.</p>

Bitcoin (BTC) ETFs in Hong Kong Predicted to Hit $1 Billion AUM by 2024, Forecasts Kraken Unit

Indice dei contenuti

CO NEWS

Altri articoli pubblicati su 3 mag 2024

Michael Saylor Took a Jab at Ethereum, Labelling It A Security, Rejects Spot ETF

5 Coins to Consider During a Crypto Market Downturn – Best Altcoins to Buy This Dip?

Shiba Inu: Shibarium Achieves Bor & Heimdall Hard Fork Milestone

Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF

ProBit Global Lists Unify Platform Token to Support Global Research Funding

How Will Bitcoin’s Current Trends Impact Its Future?

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!