{"id":813,"date":"2024-04-17T06:25:02","date_gmt":"2024-04-17T06:25:02","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/17\/bloomberg-analyst-predicts-increased-investment-in-hong-kong-etfs\/"},"modified":"2024-04-17T06:25:02","modified_gmt":"2024-04-17T06:25:02","slug":"bloomberg-analyst-predicts-increased-investment-in-hong-kong-etfs","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/17\/bloomberg-analyst-predicts-increased-investment-in-hong-kong-etfs\/","title":{"rendered":"Bloomberg analyst predicts increased investment in Hong Kong ETFs."},"content":{"rendered":"<p>The Balchunas estimates the value of his assets to be $1 billion for the first two years. However, some analysts have a much higher estimate of $25 billion. The analyst, Eric Balchunas, believes that the development of infrastructure is a crucial factor and he sees it as beneficial for Hong Kong to emerge as an ETF leader in the Asia region.<\/p>\n<p>The expert also mentioned that mainland Chinese investors may not be allowed to purchase Hong Kong-listed Bitcoin and Ethereum spot ETFs due to the prohibition of virtual asset purchases in the region. This development is a result of local authorities&#8217; active efforts to regulate the cryptocurrency market. The revised estimate is a result of the acknowledgment that more time is needed for infrastructure development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Balchunas estimates the value of his assets to be $1 billion for the first two years. However, some analysts have a much higher estimate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hong-kong"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=813"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/812"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}