Bitcoin (BTC), Ethereum (ETH) Rally on Hong Kong Spot ETF Approval Rumors

News sources are reporting that multiple issuers have been given approval to launch spot Bitcoin and Ethereum ETFs in Hong Kong.

https://www.chinaamc.com.hk/wp-content/uploads/2024/04/ChinaAMC-HK-Joins-Forces-with-Partners-to-Launch-Spot-Bitcoin-and-Ethereum-ETFs.pdf

While the HK media stories are grabbing market attention today, the Bitcoin halving event will dominate headlines later this week. According to the latest mining data, there are 683 blocks left to be mined before mining rewards are cut by 50%.The cryptocurrency was hit hard over the weekend after Iran carried out a series of strikes against Israeli territory.

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