Bitwise's investment director said that investors have begun to build positions in crypto assets in the next few years, and Hong Kong virtual asset ETFs rose across the board yesterday."
Internet reports that with Trump's confirmation of victory, the cryptocurrency Bitcoin has reached a record high. Matthew Hougan, investment director at Bitwise Asset Management, believes that the entire currency circle has been operating with its hands and feet tied for many years, but it should come to an end now. Investors have now begun to build positions in crypto assets for the next few years. Virtual currency ETFs listed in Hong Kong were all ready yesterday. Boshi Bitcoin, which holds spot Bitcoin, rose 7% to close at 57.04 yuan, setting a new high on the market. China Ether, which holds spot Ether, rose 6.9% to close at 6.28 yuan. Virtual currency ETFs traded in RMB rose even more significantly. China Bitcoin rose 8.1% to RMB 8.41; China Ethereum rose 7.3% to RMB 5.79.
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