• Home
  • Bitcoin
  • Hong Kong Crypto ETFs to Hit $1B by 2024! 🚀👀
Hong Kong Crypto ETFs to Hit $1B by 2024! 🚀👀

Hong Kong Crypto ETFs to Hit $1B by 2024! 🚀👀

Your Ultimate Guide to the Future of Crypto ETFs 🚀

Learn about the latest predictions and trends in the cryptocurrency exchange-traded funds (ETFs) market, and how CF Benchmarks is shaping the landscape with its innovative strategies.

CF Benchmarks Anticipates Growth in Hong Kong ETFs 📈

Explore how CF Benchmarks foresees significant growth in cryptocurrency exchange-traded funds (ETFs) in Hong Kong, overcoming initial challenges to reach over $1 billion in assets under management by the end of 2024.

  • CF Benchmarks collaborates with new ETFs in Hong Kong
    • The company licenses its benchmarks to funds
    • Charges fees proportional to growth in assets under management
  • Expectations of expanding to other countries
    • CEO Sui Chung predicts arrival in South Korea and Israel
    • South Korea embraced ETFs and digital assets

Significant Revenue Growth on the Horizon for CF Benchmarks 💰

Discover how CF Benchmarks is set to achieve substantial revenue growth this year, with forecasts of “mid-double digits” and plans to increase its workforce by over a third to support expansion.

  • Revenue reached £6 million ($7.5 million) in 2022
  • Kraken acquisition in 2019 for a nine-figure sum
  • Established in 2017, providing Bitcoin pricing for derivatives

Competition and Potential in Hong Kong ETF Market 🌏

Find out about the recent developments in the Hong Kong cryptocurrency exchange-traded funds (ETFs) market, with the launch of the first batch of ETFs focusing on cryptocurrencies and the estimated growth to $1 billion in the next two years.

  • Harvest Global Investments Ltd. and HashKey Capital Ltd. list Bitcoin and Ether ETFs
  • Bloomberg Intelligence estimates $1 billion in funds over the next two years

Hot Take: The Future of Crypto ETFs and Market Expansion 🔥

Get ready for the exciting future of cryptocurrency exchange-traded funds (ETFs), with potential growth in Hong Kong and beyond, fueled by innovative strategies and market trends.

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Share it

Hong Kong Crypto ETFs to Hit $1B by 2024! 🚀👀