BREAKING
163d 15h ago

Hong Kong-listed China Financial Leasing Buys Physical Bitcoin, Adds Bitcoin ETFs as USD Weakness Boosts Crypto

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to a Hong Kong Stock Exchange announcement, Hong Kong-listed China Financial Leasing Group disclosed in its interim performance report as of June 30, 2025 that the sustained weakness of the US dollar has coincided with an appreciation in Bitcoin, leading the firm to increase its monitoring of the cryptocurrency sector and initiate targeted investment activity.

The report specifies a preference for holding physical cryptocurrency exposures over synthetic products on exchanges and trading platforms, with principal allocations directed to regulated instruments such as South East England Hong Kong Dollar Money Market ETF, BlackRock iShares Bitcoin Trust ETF, Huaxia Bitcoin ETF and iShares Ethereum Trust ETF, reflecting a liquidity- and compliance-focused approach.

Separately, prior filings show investor Cai Wensheng acquired shares of China Financial Leasing at a premium, with an articulated strategic focus on AI, Web3 initiatives and Hong Kong technology incubation going forward.

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