Hong Kong Stock Market News | OSL Group surged over 8%, leading the Bitcoin concept. Bitcoin price returned to $70,000, with open interest hitting a new high

Concept stocks related to Bitcoin rose across the board in the morning session. As of the time of publication, Blueport Interactive rose by 7.69% to HKD 0.84; OSL Group rose by 6.53% to HKD 7.99; Meitu Inc. rose by 4.75% to HKD 3.53; and New Fire Technology Holdings rose by 2.36% to HKD 3.47. In terms of news, Bitcoin reversed its decline from last week. On Monday, spot Bitcoin ETFs surged by about 11%. The CME Bitcoin futures BTC main contract was priced at $71,075, up 6.84% from the New York closing price last Friday; the CME Ethereum futures DCR main contract was priced at $3,637.5, up 6.17% from last Friday. It is reported that on January 11th, the U.S. Securities and Exchange Commission (SEC) officially approved the listing of 11 Bitcoin spot ETFs for trading. According to coinglass data, as of March 20th, the total assets under management of Bitcoin ETFs reached $58.721 billion. According to Goldman Sachs data, in the futures market, the number of open Bitcoin contracts hit a new high, exceeding 33,000 contracts with a nominal value of nearly $12 billion