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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin Hits New High as Altcoins Surge Ahead

Bitcoin Hits New Heights, Yet Altcoins Surge Even Higher The cryptocurrency market is a dynamic landscape, and today it witnessed Bitcoin reaching yet another all-time high. While Bitcoin's notable achievement of nearly 10% growth over the past week certainly commands attention, it pales in comparison to the meteoric rises seen among various altcoins. This week has proven to be particularly lucrative for many digital assets, showcasing the vibrant and sometimes unpredictable nature of blockchain technology. Bitcoin's Performance Current Status : Bitcoin (BTC) has reached a new all-time high, showcasing its resilience and popularity. Weekly Gain : Up nearly 10% over the last seven days. Market Influence : Traditionally, Bitcoin's upward trajectory tends to lift the entire market, and this time is no exception. For those looking to understand Bitcoin's significance, The Bitcoin Standard: The Decentralized Alternative to Central Banking provides a compelling o...
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Produced by Daniel Aharonoff & Mogul Media AI

Unlock ETF Innovation with Venture Smart in Hong Kong

Venture Smart Financial Holdings Ltd Planning to Launch Ethereum and Bitcoin ETFs in Hong Kong

Venture Smart Financial Holdings Ltd is gearing up to introduce an Ethereum exchange traded fund (ETF) in Hong Kong, with further plans to roll out a bitcoin ETF in the first quarter. The company is currently in the advanced stages of preparing its application for the bitcoin ETF and aims to submit the Ethereum ETF application in the second quarter. As the company moves forward with its ETF offerings, it foresees potential competition from other ETF issuers in Hong Kong but positions itself as a service provider to all ETF issuers in the market.

Key Points:

  • Venture Smart Financial Holdings Ltd is set to apply for an Ethereum ETF in Hong Kong.
  • Plans are underway to launch a bitcoin ETF in the first quarter.
  • The firm is finalizing its application for the bitcoin ETF and targeting a second quarter submission for the Ethereum ETF.
  • Anticipates competition from other ETF issuers in Hong Kong but views itself as a service provider to the industry.
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