Hong Kong Bitcoin and Ethereum Spot ETFs See Surge in Trading Volume
CryptoNewsTerminal Staff04 Jun, 2024
Hong Kong Bitcoin and Ethereum Spot ETFs See Surge in Trading Volume
Hong Kong's Bitcoin and Ethereum spot exchange-traded funds (ETFs) witnessed a significant increase in trading volume on June 3. According to data from the Hong Kong Stock Exchange, the combined trading volume of the six ETFs reached approximately HK$19.33 million (about 3.4 billion won). Among the ETFs, the China Asset Management Bitcoin ETF (ticker: 3042.HK) dominated the trading activity, recording a trading volume of HK$10.4 million (about 1.8 billion won). The other ETFs also experienced notable trading volumes, indicating growing interest in Bitcoin and Ethereum spot investments in Hong Kong. This surge in trading volume highlights the growing popularity of cryptocurrency ETFs in Hong Kong, providing investors with convenient and regulated access to the digital asset market.
