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CPI Numbers Are Out! What’s Next For Crypto? | Crypto Town Hall

The Wolf Of All Streets

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Bitcoin ETF Approval in Hong Kong and Capital Flight from China

The chapter delves into the news of Hong Kong's potential approval of spot Bitcoin ETFs, analyzing its implications on capital flow and investor sentiment amidst China's economic challenges. It discusses the strategies employed by investors to move capital out of China, with a focus on ETFs as vehicles for exposure outside the country. The conversation also covers the growing institutional interest in cryptocurrencies and speculates on the future market trends and developments in the crypto space.

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