Matrixport COO: The passage of spot Bitcoin ETF is a new starting point
On January 13th, at the "2024 Family Office Matrixport Hong Kong Summit" hosted by Matrixport, COO Cynthia Wu stated that the approval of a Bitcoin spot ETF may result in a closer correlation between Bitcoin prices and traditional stocks. This is important for industry users, as the ETF is a new starting point that will bring more institutions, including retirement funds and some compliant hedge funds, into the industry. BTC will still be a better opportunity. Additionally, the success of keeping Web3 in Hong Kong is mainly reflected in three aspects: bringing money in, retaining talent, and ensuring transactions occur in Hong Kong. This should be considered a successful way to keep Web3 in Hong Kong.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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