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It’s about to get easier for HK family offices to cash in on 120% bitcoin rally

By Stanley Yupu Li , senior reporter | 18 April 2024 | 5 minutes read
The world’s first memecoin, Dogecoin. With asset managers lining up to launch spot VA ETFs, could Hong Kong see a Dogecoin spot ETF soon?

HNWIs and family offices keen on dabbling in Web 3.0 will soon have an easier and less risky channel in Hong Kong as asset managers in the city prepare to introduce spot virtual asset (VA) exchange-traded funds (ETFs). While that is no doubt intended to cash in on a 120% one-year rally in bitcoin that has seen prices hit more…

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