The total trading of digital asset ETFs in the Hong Kong stock market reached nearly 27.6 million HKD in one day.
Among them, Bitcoin ETF and Ethereum from China Asset Management account for the largest trading share, with total values in the tens of millions HKD, reflecting the strong appeal of cryptocurrency ETFs in Hong Kong.
MAIN CONTENT
The total trading of digital asset ETFs in Hong Kong reached nearly 27.6 million HKD.
China Asset Management leads in trading volume of Bitcoin and Ethereum ETFs.
All ETFs have trading denominations in Hong Kong USD and US USD, while China Asset Management also has denominations in Renminbi.
What is the overview of cryptocurrency ETF trading volume in Hong Kong today?
This figure includes trading of prominent cryptocurrency ETFs like Bitcoin and Ethereum from various leading fund managers, contributing to increased liquidity and diversity in cryptocurrency investment portfolios in this market.
Which ETF has the largest trading volume and what are the specific values?
China Asset Management leads with Bitcoin ETF trading at 16.209 million HKD, while their Ethereum ETF reached 7.8874 million HKD. These are the two largest figures in the total trading volume of ETFs today.
This significant trading volume indicates strong demand for investment and good liquidity of these ETF products on the Hong Kong exchange, while also reflecting investor confidence in popular cryptocurrency asset classes such as Bitcoin and Ethereum.
What is the trading volume of other ETFs and what are the highlights?
Other ETFs also recorded diverse trading values: Harvest Bitcoin ETF approximately 304,700 HKD, Harvest Ethereum ETF reached 442,360 HKD; Bosera Bitcoin ETF reached 1.4491 million HKD and Bosera Ethereum ETF nearly 1.3068 million HKD.
This trading distribution reflects varying scales among funds as well as the popularity of different types of ETFs within the cryptocurrency investment community in Hong Kong.
Cryptocurrency ETFs have been and are driving the sustainable development of the cryptocurrency market by providing a safe, transparent, and diverse investment channel for investors.
Cryptocurrency finance expert, updated data 2024
Frequently Asked Questions
1. What is a cryptocurrency ETF?
Cryptocurrency ETFs are exchange-traded funds that allow investment in cryptocurrency assets or related products, helping to diversify portfolios without directly purchasing cryptocurrencies.
2. Why is cryptocurrency ETF trading on the rise?
Due to good liquidity, convenience, and transparency, cryptocurrency ETFs attract the interest of investors looking to tap into the potential of cryptocurrencies within a clear legal framework.
3. What denominations do cryptocurrency ETFs in Hong Kong have?
All ETFs have trading denominations in HKD and USD, while China Asset Management also offers denominations in Renminbi.
4. Which cryptocurrency ETFs are being traded the most in Hong Kong?
Bitcoin ETF and Ethereum of China Asset Management are leading in trading volume and value.
5. What should investors consider when investing in cryptocurrency ETFs?
Consider the risks of cryptocurrency market volatility and choose reputable, transparent funds to ensure financial safety.
Source: https://tintucbitcoin.com/etf-tien-dien-tu-hong-kong-dat-276-trieu/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news on the cryptocurrency market and not miss any important information!
