OVERVIEW OF EUROPEAN, CANADIAN, AND HONG KONG ETFs

Although Europe is considered a region not very friendly to crypto, especially with the move to deny $BTC into the reserves of central banks (following the U.S. reserve establishment move), data shows that ETPs (similar to U.S. ETFs) are quite diverse and still operate steadily.

- From May 2024 to March 2025, the AuM of ETPs in the EU increased from 10 billion USD to a peak of 22.5 billion USD (November 2024), before sharply declining to 13.317 billion USD in March 2025.

- In which AuM #Bitcoin: 62.2% (8.283 billion USD), holding an absolute advantage. #Ethereum: 13.5% (1.797 billion USD), in second place. Altcoins such as: Solana (5.7%), SUI (4.9%), Cardano (3.1%), and other coins like XRP, Avalanche, Polkadot occupy smaller proportions.

*Additionally, the status of ETF Staking:

- In Canada, ETF $SOL with staking was approved on April 16, 2025.

- Staking services for $ETH ETF have been approved by the SFC in Hong Kong, with the first case being Bosera HashKey Ether ETF on April 11, 2025.

- The Ethereum spot ETF of China Asset Management (Hong Kong) has been approved to provide staking services.

- It can be seen that outside of the U.S., many countries are also moving quite quickly on cryptocurrency services; the SEC may soon have clearer regulations, and the extension of ETH ETF Staking in the U.S. will likely coincide with new regulations.

- What do you all think?

#steven_research