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Hong Kong spot Bitcoin, Ethereum ETF listed after half day trading volume exceeded 6.30 million US dollars

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2024-04-30 05:27:11
Six new bitcoin and ether exchange-traded funds in Hong Kong traded about HK $49.40 million ($6.30 million) on their first trading morning on Tuesday, according to the Hong Kong Stock Exchange. By comparison, when 11 spot bitcoin ETFs started trading in the US in January, their daily turnover reached about $4.60 billion on their first trading day.
China Asset Management's "Huaxia Bitcoin ETF" led the way in volume, with HK $22.97 million in the first half of the session, according to Hong Kong Exchanges and Clearing. The Huaxia Ethereum ETF ranked second out of six ETFs, with HK $10.47 million in volume. Harvest's spot Bitcoin ETF saw HK $8.11 million in volume, while the ETH ETF saw HK $2.18 million in volume, while the Bosera HashKey Bitcoin ETF saw HK $3.59 million in early trading and the ETH ETF saw HK $1.53 million in volume.
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