Hong Kong BTC ETH Spot ETF Traded for Approximately 4.8 Billion Won Today
CryptoNewsTerminal Staff07 Jun, 2024
Hong Kong BTC ETH Spot ETF Traded for Approximately 4.8 Billion Won Today
According to the Hong Kong Stock Exchange, the trading volume of six Bitcoin and Ethereum spot ETFs listed in Hong Kong amounted to approximately HK$27.6 million (approx. 4.8 billion won) as of the 7th. Among them, the China Asset Management Bitcoin ETF (ticker: 3042.HK) recorded the highest trading volume at HK$8.84 million. The launch of these ETFs has provided investors with a more convenient and regulated way to gain exposure to the cryptocurrency market. The ETFs track the spot prices of Bitcoin and Ethereum, providing investors with a real-time reflection of the underlying asset's value.
