Hong Kong Bitcoin and Ethereum Spot ETFs Boost Trading Volume
CryptoNewsTerminal Staff28 May, 2024
Hong Kong Bitcoin and Ethereum Spot ETFs Boost Trading Volume
Hong Kong's spot exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH) have experienced a surge in trading volume, reaching approximately HK$29.18 million (approx. 5.08 billion won) on the 28th, according to recent data from the Hong Kong Stock Exchange. The China Asset Management Bitcoin ETF (ticker: 3042.HK) emerged as the most actively traded fund, generating a volume of HK$13.65 million. This notable increase in trading volume for Hong Kong's BTC and ETH spot ETFs indicates growing investor interest in cryptocurrencies and the diversification of investment portfolios.
