Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg

Hong Kong ETF Issuers Anticipate $300 Million First-Day Inflows: Bloomberg

Last updated: April 30, 2024 03:41 EDT | 2 min read Issuers are expecting approximately $300 million in combined first-day inflows for the six new Hong Kong spot-crypto ETFs, with a preference for Bitcoin funds. Hong Kong has launched its first batch of ETFs focused on cryptocurrencies, marking potential competition for the popular Bitcoin products in the United States.  Harvest Global…

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Meta’s approach to election security in the frame as EU probes Fb, Instagram

Meta’s approach to election security in the frame as EU probes Fb, Instagram

The European Union said on Tuesday that it suspects Meta’s social networking platforms, Facebook and Instagram, of breaking the bloc’ rules for larger platforms in relation to election integrity. The European Commission (EC) has opened formal infringement proceedings to investigate Meta under the Digital Services Act (DSA), an online governance and content moderation framework. Penalties…

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