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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
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Regulators in South Korea, Japan and Singapore may follow Hong Kong's lead in approving Spot Bitcoin ETF
After Hong Kong regulators approved Spot Bitcoin and Ethereum ETF in principle, other Asian regulators are likely to take similar action, with South Korea, Japan and Singapore likely to follow Hong Kong's lead in approving virtual asset ETF. Karim Saber, a research associate at 21Shares, the Crypto Assets ETP issuance, said a victory for the pro-Bitcoin opposition party in the April election could lead to regulators approving Bitcoin ETFs as early as this year; Crypto Assets ETP issuance ETC Group CEO Tim Bevan expects Japan and South Korea to approve such products in the next six to 12 months.