As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking a remarkable increase of more than 55% compared to the previous week’s volume of HK$80.2 million. Notably, approximately 89% of this volume, amounting to HK$110 million, was generated by the spot ETFs offered by OSL’s partners, China AMC and Harvest Global Investments. This surge in trading activity underscores the growing interest in crypto investment products in Asia.
Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket
This article was published more than a year ago. Some information may no longer be current.
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