China May Close Loopholes for Bitcoin ETF Buys

China is looking to close the Bitcoin ETF purchase gap

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China institutions are circumventing the crypto ban through Hong Kong

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Hong Kong’s lenient rules allow for futures-based crypto ETFs

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Major funds are using Hong Kong arms to invest in Bitcoin.

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Harvest Fund, a Chinese asset manager, is expected to launch a spot bitcoin exchange-traded fund (ETF) in Hong Kong.

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