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The listing of Hong Kong spot ETFs has not had a significant impact on futures ETFs

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2024-05-12 20:00:38
After the launch of a total of 6 bitcoin and ether spot ETFs in the Hong Kong market at the end of last month, taking into account the original 3 futures ETFs, there are currently 9 in total, making it the largest in Asia. It has been suggested earlier that spot ETFs, as a competitive product of futures ETFs, coupled with low management fees, do not rule out that some funds will flow out of futures ETFs; however, if the recent average daily turnover or capital flow, the listing of spot ETFs has not had a significant impact on futures ETFs; at the same time, the transaction activity level of bitcoin-related ETFs is also significantly better than that of ether-related ETFs.
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