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ETF anomaly | Bitcoin hits $78,000 to reach a near two-month high, Huaxia Ethereum (03046) rises by over 3%, and MBC Bitcoin (03430) rises by over 2%
The increase in the related ETF of digital currency has expanded. As of the time of filing, Jiashi Ethereum (03179) increased by 3.28%, to 5.675 Hong Kong dollars; Huaxia Ethereum (03046) increased by 3.09%, to 5.67 Hong Kong dollars; MBC Bitcoin (03430) increased by 2.67%, to 5.39 Hong Kong dollars; Huaxia Bitcoin (03042) increased by 2.42%, to 9.515 Hong Kong dollars.
Cryptocurrency-related ETFs have seen an expanded increase. As of the time of writing, CS Ether (03179) has risen by 3.28% to 5.675 Hong Kong dollars; Hua Xia Ether (03046) has risen by 3.09% to 5.67 Hong Kong dollars; MBC Bitcoin (03430) has risen by 2.67% to 5.39 Hong Kong dollars; and Hua Xia Bitcoin (03042) has risen by 2.42% to 9.515 Hong Kong dollars. In news, according to reports from CCTV News, on April 22 local time, a government official in Pakistan stated that Prime Minister Shabaz chaired a high-level meeting to discuss the situation after the extension of the Iran-US ceasefire. The meeting agreed to continue Pakistan's diplomatic efforts to ensure the holding of a second round of talks. Market risk appetite has noticeably increased, with Bitcoin breaking $78,000 and rising by 2.9% intraday. It is worth noting that the Strategy company has bought $2.6 billion worth of Bitcoin in the past two weeks. A senior derivatives trader at FalconX stated that this sustained buying pressure is providing solid support for the market. In addition, traditional financial institutions' involvement in the crypto asset space is accelerating. Goldman Sachs has filed for a Bitcoin ETF, marking its first direct foray into the crypto investment field. Morgan Stanley previously became the first major bank to launch its own Bitcoin tracking ETF.
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