According to a report by TheBlock, OSL general manager Ryan Miller stated that a "significant increase" in trading volume and capital inflow for Hong Kong's crypto ETFs is expected. Following the successful launch of the US Bitcoin spot ETF, Hong Kong launched six Bitcoin spot and Ethereum spot ETFs in April 2024. As of December 11, Hong Kong's Bitcoin spot ETFs have accumulated 4,560 BTC (approximately $444.6 million), while the Ethereum spot ETFs hold 16,280 ETH (about $59.6 million). Ryan Miller pointed out that "in terms of the ratio of cryptocurrency ETFs to their respective stock markets, the performance of US and Hong Kong cryptocurrency ETFs is similar. The valuation of US crypto spot ETFs is approximately $5.47 billion, equivalent to 0.019% of the total market capitalization of the New York Stock Exchange and Nasdaq, while the market size of Hong Kong's crypto spot ETFs is about $351.24 million, with the Hang Seng Index having a market capitalization of $1.52 trillion. A "significant increase" in trading volume and capital inflow for Hong Kong ETFs is expected in the coming year. On December 6, the total trading volume of Hong Kong's crypto spot ETFs exceeded $58 million, setting a new historical record. Since Trump's reelection as US president, the average trading volume has increased. With ongoing regulatory support and growing investor interest, Hong Kong's cryptocurrency ETFs are well-positioned to thrive in the evolving global cryptocurrency landscape.

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