Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Bitwise Investment Director said that investors have begun to build positions for crypto assets in the next few years. Hong Kong virtual asset ETFs r

Bitwise Investment Director said that investors have begun to build positions for crypto assets in the next few years. Hong Kong virtual asset ETFs r

CointimeCointime2024/11/07 02:44
By:Cointime

after Trump's victory, the cryptocurrency Bitcoin has reached a new historical high. Matthew Hougan, the investment director of Bitwise Asset Management, believes that the entire cryptocurrency industry has been tied up for years, but now it should come to an end. Investors have started to build positions for future years of cryptocurrency assets. The virtual currency ETF traded in Hong Kong performed well yesterday, with Bosera Bitcoin rising 7% and closing at 57.04 yuan, reaching a new high. Huaxia Ethereum, which holds Ethereum spot, rose 6.9% and closed at 6.28 yuan. The virtual currency ETF traded in RMB showed even more significant gains, with Huaxia Bitcoin rising 8.1% to 8.41 yuan RMB, and Huaxia Ethereum rising 7.3% to 5.79 yuan RMB.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Why altcoin seasons may not be coming back

Altcoin season may be on a permanent pause as the market matures and paths grow more selective

Blockworks2025/05/07 17:11

Senate Democrats introduce ‘End Crypto Corruption Act’ to ban lawmakers from crypto

Share link:In this post: Senate Democrats, led by Senator Jeff Merkley, introduced the “End Crypto Corruption Act” to prevent U.S. officials from benefiting from cryptocurrencies. The bill aims to stop presidents, lawmakers, and their families from issuing, endorsing, or holding digital assets. The bill was introduced just before a crucial vote on the GENIUS Act, which aims to regulate stablecoins.

Cryptopolitan2025/05/07 16:56

EU to place huge tariffs on Boeing jets as retaliation for Trump

Share link:In this post: The EU plans to hit Boeing jets with tariffs if trade talks with the US break down. Trump imposed 20% tariffs on EU exports on April 2, later cutting it to 10% for 90 days. The EU paused retaliatory tariffs until July 14 but warned more are coming, including on chemicals.

Cryptopolitan2025/05/07 16:56
EU to place huge tariffs on Boeing jets as retaliation for Trump