Hong Kong's largest bitcoin ETF assets up five-fold since Oct to over $100m

Hong Kong's largest bitcoin ETF assets up five-fold since Oct to over $100m

FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Hong Kong’s largest bitcoin futures exchange-traded fund (ETF) saw its assets under management swell five-fold in the past five months to just over $100 million, as local investors chased the rally in the world’s best-known cryptocurrency.

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