Mainland Chinese Investors Can’t Buy ETFs Due to Crypto Ban
Mainland Chinese citizens cannot purchase Hong Kong’s spot Bitcoin and Ether exchange-traded funds (ETFs) following the crypto ban in mainland China. On April 30, three Chinese asset managers—China Asset Management, Harvest Global Investments, and Bosera—established spot crypto ETFs via their Hong Kong subsidiaries after Hong Kong authorizes spot BTC and ETH ETFs. Despite maintaining solid […]
Data shows $896 million has been spent on NFTs over the past 30 days
After spending about $900 million on nonfungible token (NFTs) sales over the past 30 days, August is shaping up to be a record-breaking month for nonfungible token sales. NFTs have received $896 million in spending over the past 30 days, according to data from the tracking portal Nonfungible. By the end of the month, the […]