Animoca co-founder: The approval of Bitcoin spot ETF by the US SEC may have a greater impact on the Asian cryptocurrency market

ChainCatcher news, according to The Block, Animoca Brands co-founder and chairman Yat Siu stated that the approval of a Bitcoin spot ETF by the U.S. SEC could have a greater impact on the Asian cryptocurrency market. The younger generation in Asia, in particular, has a more open attitude towards capitalism, and the approval of the U.S. ETF may have a positive effect in the region. Financial hubs like Hong Kong and Singapore could become the next targets for launching spot cryptocurrency ETFs.