ChainCatcher news, OSL General Manager Ryan Miller stated that the trading volume and inflows of cryptocurrency ETFs in Hong Kong are expected to experience "significant growth."
He mentioned that the positive sentiment globally and locally will make the activities of these funds more active. The favorable stance of the new US government towards the crypto industry, coupled with interest rate cuts, has had a positive impact on global sentiment and cryptocurrency prices. The Hong Kong government is also continuing to promote cryptocurrency-friendly regulatory measures and has introduced several initiatives, such as tax exemptions for hedge funds and private equity firms on cryptocurrency investment gains. Therefore, the trading volume and inflows of cryptocurrency ETFs in Hong Kong are expected to achieve "significant growth."