Mutual fund turnover hit a record in the ETF industry’s epic year


Hong Kong Lists Crypto ETFs as City Battles US for Inflows

Signage during the listing ceremony of the spot-Bitcoin ETF issued by China Asset Management on the Hong Kong Stock Exchange in Hong Kong, China, on Tuesday, April 30, 2024. A batch of exchange-traded funds that invest directly in crypto debuted in Hong Kong, heralding potential competition for US Bitcoin products whose popularity sparked a record rally in the digital asset.

Photographer: Paul Yeung/Bloomberg via Getty Images



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