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Or affected by the expected approval of similar products by the US SEC, three spot Ethereum ETFs in Hong Kong collectively soared today

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2024-05-22 12:45:04
According to the South China Morning Post, due to the expected approval of similar crypto products by the Securities Exchange Commission, the price of Ethereum ETF in Hong Kong has collectively soared today, and the net inflow of China Asset Management (Hong Kong) Ethereum ETF exceeded HK $5 million as of Wednesday noon, the largest net inflow since its launch.
According to the Hong Kong Stock Exchange, the price of three spot Ethereum ETFs rose by more than 18% on Tuesday, the China Asset Management (Hong Kong) Ethereum ETF traded more than 1.28 million shares on Tuesday, and the other two spot Ethereum ETFs issued by Harvest International and Bosera HashKey also traded more than usual this week. However, it is important to note that while the Hong Kong spot cryptocurrency ETF has been hailed as an important step in Hong Kong's emergence as a virtual asset center, its volume has remained relatively low for most of the time since its launch.
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