Bitcoin and Ethereum ETFs in Hong Kong may struggle due to limited market and high fees - Balchunas

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	Forwarded this email? Subscribe here for more Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs Bitcoin and Ethereum ETFs in Hong Kong may struggle due to limited market and high fees - Balchunas Apr 16   READ IN APP   Happy Tuesday! The global crypto market cap is $2.25 trillion, with a 24-hour volume of $113.32 billion. The price of Bitcoin is $61,914.69, and BTC market dominance is 54.2%. The price of Ethereum is $3,017.71, and ETH market dominance is 16.1%. The best-performing sector is Fan, which gained 8%. The Crypto Fear & Greed Index is currently Greed (65). Top News Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs Bitcoin and Ethereum ETFs in Hong Kong may struggle due to limited market and high fees - Balchunas Bitcoin’s weekend dip shakes out short-term holders Short-term holders reacted swiftly to Bitcoin's weekend price drop, selling at a loss, while long-term holders remained undeterred. Global ETP investors shift $126 million away from major cryptocurrencies, favor altcoins like Polkadot Bitcoin was responsible for 87% of the total digital asset investment outflows last week. Ethereum falls to lowest level against Bitcoin in 3 years amid panic selling ETH-BTC records lowest level since 2021 as Ethereum struggles against Bitcoin amid market dip. Latest Insights BlackRock continued inflows narrow gap: just 37,781 BTC separate IBIT from GBTC Bitcoin’s long-term holders shift to accumulation Short-term holders spark Bitcoin sell-off: Over $2 billion shed at loss to exchanges Ad: 2024’s Top GameFi Token PIKA Now Trading on BITGET & MEXC Join 30+ million users as the native token of GameFi’s next Axie Infinity ‘Pikamoon’ launches on Bitget, MEXC, and Uniswap. Visit Pikamoon More News UK to legislate ‘whole host’ of crypto activities starting in the summer Polkadot eyes $8.8 million sponsorship deal with Lionel Messi’s Inter Miami USDe maintains full collateralization amid first market ‘stress test’ OKX launches ETH layer-2 network X Layer following Coinbase’s Base success Senators demand detailed accounting of CFTC’s interactions with SBF Latest Market Report Dial H for Halving: Unpacking the technicalities of Bitcoin’s halving CryptoSlate's latest market report dives deep into the Bitcoin halvings, exploring its technical underpinnings, the historical context of previous halvings, and their long-term impacts on the network. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe