Mutual fund conversions hit record in ETF industry’s epic year
Signage spot-Bitcoin ETF during a listing ceremony launched by China Asset Management on the Hong Kong Stock Exchange in Hong Kong, China, Tuesday, April 30, 2024. A batch of exchange-traded funds that invest directly in crypto made their debut In Hong Kong, signaling potential competition for US bitcoin products, the popularity of which provided a record rally in the digital asset.
Photographer: Paul Jung/Bloomberg via Getty Images
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