Hong Kong BTC ETH Spot ETF Trading Volume Soars to $340 Million
CryptoNewsTerminal Staff17 May, 2024
Hong Kong BTC ETH Spot ETF Trading Volume Soars to $340 Million
According to the Hong Kong Stock Exchange, the combined trading volume of the six Hong Kong BTC and ETH spot ETFs reached HK$198.143 million (approximately $344.6 million) on the 17th. The China Asset Management Bitcoin ETF (ticker: 3042.HK) recorded the highest trading volume at HK$129.4 million. This surge in trading activity highlights the growing popularity of cryptocurrency-related investment products in Hong Kong. It also demonstrates the increasing demand for regulated and accessible ways to gain exposure to digital assets. As the cryptocurrency market continues to mature, we can expect to see further growth in the trading volume of these ETFs.
