The CEO of CF Benchmarks, a unit of cryptocurrency exchange Kraken, predicts that despite an inauspicious beginning, crypto exchange-traded funds (ETFs) in Hong Kong will reach $1 billion in assets under management (AUM) by the end of 2024, Bloomberg reported on Friday.
![Kraken’s Indices Provider Anticipates B AUM in Hong Kong ETFs by 2024 End: Bloomberg Kraken’s Indices Provider Anticipates B AUM in Hong Kong ETFs by 2024 End: Bloomberg](https://www.coindesk.com/resizer/9sMKhxGhDDL4DzkEo101w_8nPFE=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/V7PG7KEX65EDZN55HLV4VWX2FY.jpg)