Hong Kong Bitcoin ETF Hits HKD 51M Daily Trading Volume
Key Points: Total trading volume of virtual asset ETFs in Hong Kong is HKD 51.33 million. Huaxia Bitcoin ETF has the highest volume at HKD 34.42 million. The trading volume for the six virtual asset ETFs in Hong Kong today is approximately HKD 51.33 million. Leading the turnover, the Huaxia Bitcoin ETF recorded HKD 34.42 million, while the Huaxia Ethereum ETF followed with HKD 3.39 million. Other notable contributions include HKD 8.60 million from the Harvest Bitcoin ETF, HKD 452,000 from the Harvest Ethereum ETF, HKD 3.48 million from the Bosera HashKey Bitcoin ETF, and HKD 992,000 from the Bosera HashKey Ethereum ETF. Huaxia Bitcoin ETF Leads With HKD 34.42M in Trades As of today, the trading volume of virtual asset exchange-traded funds (ETFs) in Hong Kong reflects strong market activity. The six ETFs currently available have reported a combined turnover of approximately HKD 51.33 million. A snapshot of Hong Kong Bitcoin ETFs listed on HKEX. Source: HKEXLeading the market, the Huaxia Bitcoin ETF has generated a trading volume of HKD 34.42 million, indicating notable market trends and considerable investor interest. Following closely, the Huaxia Ethereum ETF reports a turnover of HKD 3.39 million, showcasing demand for Ether-based assets. Additionally, the Harvest Bitcoin ETF recorded HKD 8.60 million, while the Harvest Ethereum ETF contributed HKD 452,000 to the total turnover. The Bosera HashKey Bitcoin ETF has also seen significant trading volume, reaching HKD 3.48 million, with the Bosera HashKey Ethereum ETF adding HKD 992,000 to the overall market activity. Hong Kong Bitcoin ETF Expands Access to Greater Bay Investors Industry trends indicate a rising demand for digital assets bolstered by favourable regulatory measures. Notably, the Hong Kong Exchanges and Clearing Limited (HKEX) recently introduced the Virtual Asset Index Series, which provides clear benchmarks for Bitcoin and Ether, thereby enhancing investor confidence. Moreover, the Securities and Futures Commission (SFC) has actively engaged in improving regulations, which includes expedited licensing procedures for Virtual Asset Trading Platforms (VATPs) and efforts to encourage tokenization. These regulatory advancements are seen as critical in strengthening market trust among investors. In addition to these results, the SFC has permitted residents from the Greater Bay Area to invest in Bitcoin ETFs listed in Hong Kong, thus expanding the potential investor pool. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.