Matrixport COO: The passage of spot Bitcoin ETF is a new starting point

On January 13th, at the "2024 Family Office Matrixport Hong Kong Summit" hosted by Matrixport, Matrixport COO Cynthia Wu stated that the approval of a Bitcoin spot ETF may lead to a closer correlation between Bitcoin prices and traditional stocks, which is very important for industry users. The ETF is a new starting point that will bring more institutions, including retirement funds or some compliant hedge funds, into this industry, and BTC will still be a better opportunity.

In addition, the key to keeping Web3 in Hong Kong lies in three aspects: bringing money in, retaining talent, and making transactions happen in Hong Kong. This should be considered a successful way to keep Web3 in Hong Kong.