Headline: ๐จ๐ณ THE DRAGON AWAKENS: Hong Kong ETFs Smash Volume Records as China "Soft Opening" Rumors Explode! ๐ฒ๐
While the US market sleeps, the East is buying.
Overnight data from Hong Kong confirms a massive spike in volume for Spot Bitcoin and Ethereum ETFs, coinciding with leaked reports that Beijing may be quietly approving "Southbound Capital" (mainland money) to enter the crypto market.
๐ฅ The Breaking News (Feb 6, 2026):
Record Inflows: Hong Kong crypto ETFs recorded $1.2 Billion in inflows in a single sessionโthe highest since their launch.
The "Whitelist" Rumor: Sources suggest that specific Chinese state-owned enterprises (SOEs) have been "whitelisted" to diversify their reserves into digital assets via Hong Kong.
Sector Explosion: The "China Narrative" coins are flying. Conflux ($CFX ) is up +45%, leading the charge, followed closely by VeChain ($VET ) and Neo ($NEO ).
๐ก My Take:
We have seen this movie before. When Asian liquidity enters the chat, the pumps are violent and sustained. If China is indeed using Hong Kong as a proxy to re-enter the crypto game, we are looking at a multi-trillion dollar capital injection. Do not ignore the Asian timestamps.
