PANews reported on January 2 that K33 Research statistics show that the AUM of US spot and derivative BTC ETFs has surpassed $129 billion, exceeding that of gold ETFs ($128.8 billion) for the first time. Zhang Yinghua, Chief Institutional Business Officer (CIBO) of OSL, stated that the total AUM of Hong Kong's BTC spot ETF is HKD 30.87 billion, accounting for 0.66% of the Hong Kong ETF market (HKD 463 billion), with over 60% share contributed by OSL's partners.
Zhang Yinghua further stated that from the perspective of market share, the current $129 billion BTC ETF assets under management (AUM) in the United States account for 1.2% of its ETF market, while the same figure for Hong Kong is 0.66%. There is no significant difference in magnitude between the two, and since the listing of the Hong Kong BTC ETF on April 30, 2024, there has been a net inflow of about 380 BTC, with total AUM increasing by approximately 66%, indicating that the Hong Kong crypto ETF's impact on the local financial market cannot be ignored, while also having enormous development potential.
