In the Huobi live broadcast on April 9, several KOLs in the crypto field discussed the growth potential and market impact of the Hong Kong Bitcoin ETF. Han Feng believes that the Hong Kong Bitcoin ETF license is mainly issued to state-owned asset institutions, indicating that large funds may flow in the future. Director Youtai Zhao is optimistic about Hong Kong as an important gathering place for overseas cryptocurrencies, believing that this will enhance the liquidity of Bitcoin. MEJ Maomao pointed out that the launch of the Bitcoin ETF in Hong Kong proves China's recognition of its legitimacy. Although user identities may be restricted at present, it is expected to gradually open up in the future. 0XJAMES emphasized that Hong Kong's attempt has set an example for Asia, especially in the case where Singapore has not followed up. The future of the Hong Kong Bitcoin ETF is still exciting.

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<p>On April 9, in the TechFlow news from Deep Tide, BeL2 co-founder Han Feng, Director Zhao from the Jewish community, MEJ Mao Mao Jie, founder of the 49 Trading Club, and Crypto Builder 0xJames appeared on the Huobi Live to discuss the profound impact of the Hong Kong virtual asset spot ETF on the market under the theme 'Does the Hong Kong Spot ETF have deeper implications?'</p>
<p>Han Feng analyzed that the Hong Kong Bitcoin ETF license is mainly issued to state-owned asset institutions, which may present opportunities for large capital inflows in the future. Director Zhao from the Jewish community believes that Hong Kong has become an important gathering place for overseas cryptocurrencies, where various information begins to converge, and the radiation and diffusion effects are gradually becoming apparent. With the gradual recovery of the Hong Kong market, it may help enhance the liquidity of Bitcoin.</p>
<p>Currently, the scale and trading volume of subscriptions in Hong Kong have not reached the expected high levels, but there may be further growth potential in the future. MEJ Mao Mao Jie stated that the launch of the Bitcoin ETF in Hong Kong proves China's recognition of the legitimacy of Bitcoin ETFs. At present, due to possible restrictions on user identities, but it is expected to gradually open up in the future.</p>
<p>0xJames believes that Hong Kong's initiative sets an example for Asia, especially valuable in the case where Singapore has not followed suit. In addition, it is not surprising that Futu ETF did not pass, but the future of the Hong Kong Bitcoin ETF is still exciting. If the national team intervenes in the Bitcoin ETF, it may have a significant impact on pricing power.</p>
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Crypto KOLs Discuss the Market Impact and Growth Potential of Hong Kong Bitcoin ETF