According to Hong Kong Stock Exchange data, Hong Kong’s six new Bitcoin ETF and Ethereum ETF recorded trading volume of approximately HK$49.4 million ($6.3 million) in the morning session on its first day of trading on Tuesday.
Data from HKEX showed that China Asset Management’s “ChinaAMC Bitcoin ETF” led in trading volume, recording a turnover of HK$22.97 million in the first half of the trading day. ChinaAMC Ether ETF recorded the second largest turnover among the six ETFs, with volume of HK$10.47 million.
Six spot Bitcoin ETFs managed by China Asset Management, Harvest Global, Bosera and HashKey; and Ethereum ETFwas officially launched in Hong Kong today.
Harvest saw spot Bitcoin ETF see HK$8.11 million in volume and ether see HK$2.18 million in volume, while Bosera HashKey Bitcoin ETF saw HK$3.59 million in volume and ether ETF saw HK$1.53 million in volume in the morning session. Saved as $.
When the 11 US spot BTC ETFs began trading in January, first-day volumes reached approximately $4.6 billion.
Meanwhile, China Asset Management said the subscription size during the pre-transaction initial offering period was about HK$1.1 billion ($140.5 million), with its bitcoin product bringing in HK$950 million and its ether ETF bringing in HK$160 million. first mentioned by Wu Blockchain. China Asset Management confirmed this amount with The Block.
