Posted 4/15/2024, 12:01:00 PM
Hong Kong Bitcoin ETF Approval Claim Boosts Bitcoin Price, More Countries Expected to Follow
- Hong Kong bitcoin ETF applicants claim approval, but official statement from regulator not yet released
- Analytics firm says more countries will likely approve bitcoin spot ETFs, driving further demand
- Bitcoin price rose 3% on Monday after dropping over the weekend due to geopolitical tensions
- German state-backed lender LBBW to offer crypto custody through partnership with Bitpanda exchange
- Bitcoin's market depth hits 1-year low, indicating market may struggle to absorb large orders
