"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Hong Kong’s bitcoin and ether ETFs failed to lift off on their trading debut, coming dramatically under initial expectations.Hong Kong ETF C A lackluster launch and microstrategy's Bitcoin bags get bigger. You're watching coin desk daily. I'm your host, Jen Sani Hong Kong's crypto ETF S had a soft debut with trading volume coming in much lower than expected.
That's according to Can accord the broker cut its price target on the firm to $1590 from 1810. While maintaining its by rating, the company raised over $1.5 billion in the first quarter and use the proceeds to acquire an additional 25,250 Bitcoin. Now owning more than 200,000 units of the Cryptocurrency microstrategy. Corporate strategy is partly based on the acquisition and holding of Bitcoin. And according to industry watchers, the Indonesian election results might be good for crypto.
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