Guosen Securities: The launch of Bitcoin spot ETF will promote Bitcoin and other crypto assets to reach a larger capital surface

04/15 00:09

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XU Weizhi, the head of research at Guosen Securities (Hong Kong), pointed out that the launch of Bitcoin spot ETFs will drive the cryptocurrency and other encrypted assets to reach a larger pool of investors, including qualified investors, institutional investors, and retail investors, injecting huge vitality into the cryptocurrency market, bringing more liquidity, and accelerating the compliance process of the entire cryptocurrency industry. Hong Kong will also strengthen its position as a leading digital asset center in the region, and support the continued development of Hong Kong as the preferred ETF market in Asia.

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