Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management

Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management

SDAX launches first-of-its-kind securitised gold tokens

Source: The Edge Singapore Singapore-based digital assets exchange SDAX has partnered with Oman’s Muscat Precious Metals Refining Company to launch a tokenised gold product on its platform. The MPMT Gold Token allows investors to acquire gold tokens in a securitised form, issued by an independent trust and backed by physical gold bullion held in vaults… Continue reading SDAX launches first-of-its-kind securitised gold tokens