JUST IN: 🇭🇰Hong Kong to allow #Bitcoin ETFs to be In-Kind - Bloomberg
Are you watching @SECGov 👀
This "could spark AUM and volume in the fast-growing region" says Bloomberg's @EricBalchunas
This means customers can buy into and redeem out of the fund with Bitcoin, instead of just cash in/out.
This is a HUGE improvement to US-based ETFs which are "cash creates" only.
@piersmorgan@elonmusk Blocking her account temporarily has had the effect of increasing media coverage of the situation. This Elon Musk we’re dealing with here guys. Think outside the box!
@BBCWorld Blocking her account temporarily has had the effect of increasing media coverage of the situation. This Elon Musk we’re dealing with here guys. Think outside the box!
@moving_charlie Deflation is a decrease in general price levels, while disinflation is when price inflation slows down. increasing interest rates is disinflationary despite interest rates being below the inflation rate meaning real values are eroding at a decreasing rate. What am I missing?
@moving_charlie Possibly to boost liquidity during credit crunch and stimulate economy progressively requiring more QE to get desired response - potentially leading to a vicious circle of currency devaluation and a rise in hard asset prices.
@MartinSLewis https://t.co/vQM7ZixBSA - should increase with inflation regardless of country of residence. As it stands it will increase in random countries with social security agreements but not others. This is unfair.