Hong Kong Crypto ETF Volume Hits HK$6.59 Million Today

This article is machine translated
Show original

Hong Kong Cryptocurrency ETF Market on June 20: Trends and Key Figures

Overview of Cryptocurrency ETF Trading Data

On June 20, Hong Kong stock market data showed that the total trading volume of all cryptocurrency ETFs reached approximately HK$6.5942 million. These figures reflect the growing interest in cryptocurrency-related investment products, especially as investors seek portfolio diversification strategies.

Top Bitcoin and Ethereum ETFs in Hong Kong

China Asset Management Bitcoin ETF (BTC) and Ethereum (ETH)

  • Trading volume of China Asset Management Bitcoin ETF (Stock Code: 3042.HK/9042.HK/83042.HK) reached HK$1.9149 million.
  • Ethereum fund from the same manager reached HK$1.5178 million.

Harvest and Bosera ETFs

  • Harvest Bitcoin ETF (03439.HK/09439.HK) reached HK$949,200.
  • Harvest Ethereum ETF (03179.HK/09179.HK) reached HK$694,000.
  • Bosera Bitcoin ETF (03008.HK/09008.HK) traded at HK$528,800.
  • Bosera Ethereum ETF (03009.HK/09009.HK) recorded HK$989,500.

Hong Kong Cryptocurrency ETF Market: Key Features

These ETFs all have price counters in Hong Kong USD and USD. The two Hua Xia ETFs additionally use RMB as a pricing currency, expanding accessibility for domestic investors. This trend demonstrates diversification in cryptocurrency-related investment products in the Asian market, aimed at attracting diverse investor groups.

Frequently Asked Questions about Hong Kong Cryptocurrency ETFs

  • Is investing in cryptocurrency ETFs suitable for long-term strategies?
  • Does the Hong Kong market have further expansion potential in this field?
  • Which cryptocurrencies do these ETFs focus on, and are they high-risk?

Conclusion

The Hong Kong cryptocurrency ETF market still has significant potential, with increasingly growing trading volume. The diversification of pricing currencies, along with reputable managers, has driven investor interest in the region. Investors should closely monitor these developments to make appropriate decisions and maximize profit opportunities from cryptocurrencies.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments