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Hong Kong ETF Investors Buying Bitcoin As US Spot Bitcoin ETFs Record Outflow

In a remarkable departure from Western markets, investors in Hong Kong are displaying a heightened attraction towards Bitcoin ETFs, even amidst the ongoing market slump. This striking disparity reveals the emerging divergence between cryptocurrency investment approaches in the East and the West. While U.S.-based spot Bitcoin ETFs are witnessing capital outflows, savvy Hong Kong investors are perceiving the current market downturn as an advantageous moment to enhance their Bitcoin positions using ETFs.