🚀STRONGER BULLISH NEWS THAN THE U.S. ETF.🚀

1.Hong Kong’s financial regulator has published guidelines for the approval of BOTH “in-kind” and “cash creates” Spot #Bitcoin ETFs! 👇

This is arguably MORE bullish than the US ETFs, as most of the volume in #crypto comes from the Asian markets.

2. And secondly, the approval of “in-kind” refers to the buyers being able to redeem the ETFs for the actual underlying asset of #Bitcoin

 are dropping, both long-term and short-term buyers are accumulating, and that after the halving, we will have much less #Bitcoin available per day in market.

🤔So what does this mean?🤔

In summary, supply will drop DRASTICALLY and demand will INCREASE.

All of these factors are incredibly bullish, and increase the probability of a super cycle in 2024!

Good luck and follow me for more news, content, trends and even signals in the future🤑.

I am reposting my article as a post because the images didnt load into the article, no idea why, sorry😅.

$BTC #BitcoinETFs! #bullish #HongKong #Regulations