Deep Tide TechFlow news, on December 24, according to The Block, Ryan Miller, Managing Director of Hong Kong cryptocurrency exchange OSL, predicts that the Hong Kong spot cryptocurrency ETF will see significant growth by 2025. Data shows that the Hong Kong Bitcoin ETF currently holds 4,560 Bitcoins (approximately $444.6 million), while the Ethereum ETF holds 16,280 Ethers (approximately $59.6 million).
Miller stated that in terms of the proportion of ETF size to the market capitalization of their respective stock markets, Hong Kong (0.023%) performs similarly to the United States (0.019%). With Trump's re-election, expectations of interest rate cuts from the Federal Reserve, and the Hong Kong government continuing to promote cryptocurrency-friendly policies, Hong Kong's crypto ETFs are expected to play a more important role in the global crypto ecosystem.
