CMB Wing Lung Bank: It has fully covered the virtual asset spot and futures ETF products listed on the Hong Kong Stock Exchange

Bitget App

Trade smarter

Cointime2024/10/25 02:20

By:Cointime

China Merchants Wing Lung Bank has announced that its securities trading services now fully cover virtual asset spot and futures ETF products listed on the Hong Kong Stock Exchange, including mainstream virtual currencies such as Bitcoin and Ethereum, as well as 20 ETF products invested in blockchain technology. According to Lin Shufen, assistant general manager of China Merchants Wing Lung Bank, the Hong Kong SAR government is actively promoting the development of becoming an international virtual asset center. With the location advantages of being backed by the mainland and the Greater Bay Area, it brings new opportunities for the development of virtual assets in Hong Kong and local banks.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14