In 6 days over 1 billion Chinese will have access to a BTC ETF via HK?
Priced in?
Discussion
Nowhere close. We all saw the big run up in gold price when trading started in Shanghai. This is a good check on any paper bitcoin fuckery might be going on with the US etfs
Competition is good.
Big, if true.
Nah. Mainlanders mostly don’t have access to HK financial markets.
I think the CCP will love the ETF. The state run banks in HK will hold the asset and they can sell paper to their people. Total control
