Hong Kong's BTC and ETH Spot ETFs Traded For $920 Million Today

IconCryptoNewsTerminal Staff21 May, 2024

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Hong Kong's BTC and ETH Spot ETFs Traded For $920 Million Today

Hong Kong's six Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs) recorded a combined trading volume of $920 million on Friday, according to data from the Hong Kong Stock Exchange. China Asset Management Bitcoin ETF (ticker: 3042.HK) emerged as the top performer among the six ETFs, with a trading volume of $19.91 million. This was followed by CSOP Bitcoin Futures ETF (ticker: 3066.HK), which traded $15.86 million worth of shares. The other four ETFs, namely, AAX Bitcoin Futures ETF (ticker: 5800.HK), Invesco Physical Bitcoin ETF (ticker: 3068.HK), Faith Bitcoin ETF (ticker: 3069.HK), and CMB Bitcoin Futures ETF (ticker: 3073.HK), traded volumes ranging from $5.57 million to $10.9 million.