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2024 annual Hong Kong BTC ETF increased by more than 40%, but ETH Fang ETF rise only about 1%
Golden Finance reported that the global stock market rose by 17% in 2024, while the price of gold also increased by 27.2%, and the BTC soared by more than 1.2 times. In Hong Kong, the approval of 11 BTC Spot ETFs by the Hong Kong Securities and Futures Commission at the beginning of last year is considered a milestone, providing investment opportunities for institutional investors. Among them, BTC Spot ETFs have risen by varying degrees since their listing at the end of April last year; however, ETH Spot ETFs generally only increased by about 1%, showing a weaker performance compared to the rise in ETH prices. Analysis believes that last year was an important year of industry transformation, and it is expected that this year's industry keywords will include the implementation of Compliance, institutional layout, policy Favourable Information, and innovation breakthroughs.