China Asset Management

Hong Kong Spot Bitcoin and Ether ETFs See Only $11M in Volume on First Trading Day
Bitcoin

Hong Kong Spot Bitcoin and Ether ETFs See Only $11M in Volume on First Trading Day

Hong Kong’s new spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) recorded over HK$87.58 million ($11.2 million) in trading volume on their first trading day. In contrast, the United States spot BTC ETFs recorded a staggering $4.6 billion in trading volumes on the very first day. On April 30, Hong Kong Exchanges and Clearing […]

May. 1, 2024
Spot Bitcoin and Ethereum ETFs Commence Trading in Hong Kong
Bitcoin

Spot Bitcoin and Ethereum ETFs Commence Trading in Hong Kong

The highly anticipated spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) have been launched on the Hong Kong Stock Exchange today. Earlier this month, the Hong Kong Securities and Futures Commission (SFC) approved spot BTC and ETH ETFs managed by China Asset Management, Bosera, and Harvest.  Speaking to Bloomberg TV, Yimei Li, China Asset […]

Apr. 30, 2024