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Zhitong
2024.04.22 05:47
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Understanding the Market | OSL Group Rises Nearly 6% in the Afternoon, Bitcoin Returns to $66,000, Hong Kong Approves Bitcoin Ethereum Spot ETF

OSL Group rose nearly 6% in the afternoon, up 4.17% as of the time of publication, at HKD 10, with a turnover of HKD 25.4535 million. On the news front, data shows that on April 20, 2024, at 8:09, Bitcoin successfully completed its fourth halving at block height 840,000, reducing the mining reward from 6.25 BTC to 3.125 BTC. The last halving occurred on May 11, 2020. Today, Bitcoin rose to $66,000 during the trading session, up about 1.5% intraday. It is worth noting that on April 15, the Hong Kong SFC approved three institutions to issue Bitcoin and Ethereum spot ETFs. In addition to adding Ethereum compared to the United States, physical delivery is also allowed. OSL is the first licensed and compliant cryptocurrency exchange in Hong Kong. OSL Digital Securities, a subsidiary of OSL Group, announced its partnership with Huaxia Fund (Hong Kong) as the first virtual asset trading and custody partner, providing support for its first Bitcoin and Ethereum spot ETF in Hong Kong. At the same time, OSL was also appointed as the first virtual asset trading and custody partner for JPMorgan International

According to the Wise Finance APP, OSL Group (00863) rose nearly 6% in the afternoon, up 4.17% as of the time of publication, reaching HKD 10 with a turnover of HKD 25.4535 million.

On the news front, data shows that on April 20, 2024, at 8:09, Bitcoin successfully completed its fourth halving at block height 840,000, reducing the mining reward from 6.25 BTC to 3.125 BTC. The last halving occurred on May 11, 2020. Today, Bitcoin rose to around $66,000 during the day, up approximately 1.5%.

Of note, on April 15, the Hong Kong SFC approved three institutions to issue Bitcoin and Ethereum spot ETFs. In contrast to the United States, not only Ethereum was added but also physical delivery was allowed. OSL is the first compliant licensed cryptocurrency exchange in Hong Kong. OSL Digital Securities, a subsidiary of OSL Group, announced its partnership with Huaxia Fund (Hong Kong) as the first virtual asset trading and custody partner, providing support for its first Bitcoin and Ethereum spot ETF in Hong Kong. Additionally, OSL has been appointed as the first virtual asset trading and custody partner for JPMorgan International

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