Hong Kong ETF Accumulates HKD 300 Million, Community Still Awaits Opening of Mainland China Purchase, Trading, 268 Times Difference from the United States
The newly launched spot Ethereum and Bitcoin ETFs in Hong Kong have accumulated a total of $300 million in assets under management within just one week, outperforming futures ETFs by 80%.
On May 6, the trading volume was HKD 60.41 million ($7.72 million), significantly lower than the $1.88 billion trading volume of Bitcoin spot ETF in the United States. Hong Kong experienced a net outflow of $4.9 million. There are rumors that these ETFs may soon be opened to investors from mainland China, sparking discussions about financial integration in the region. Nevertheless, Hong Kong’s trading volume still pales in comparison to that of the United States, with a gap of 268 times.
ETF
China
Ethereum
Bitcoin
Hong Kong
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