Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a much-awaited $100,000 price tag. The financial hub is on the brink of becoming a significant player in the crypto ETF market. What Happened: As per Reuters, insider sources suggest that spot Bitcoin exchange-traded funds might debut in Hong Kong this month, with initial approvals potentially announced next week. This rapid timeline, faster than industry projections, owes to regulators expediting the approval process. Chinese…