Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
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Bitcoin's popularity is not limited to the United States, as evidenced by several signals from around the world. In South Korea, the demand for BTC is high, with the kimchi premium reaching a 27-month high. El Salvador has increased its investment in Bitcoin by over 50%, while Nigerians and Venezuelans are turning to Bitcoin to protect their savings from hyperinflation. Japan is considering allowing private venture capital firms to hold Bitcoin, and Germany has launched a regulated spot crypto platform. DZ Bank in Germany also plans to launch a crypto trading service. Coinbase has received approval to operate in France, where 10% of adults own crypto. Additionally, VanEck is working towards launching a spot Bitcoin ETF in Australia. These developments highlight the global appeal and adopti...
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