OSL Managing Director Ryan Miller stated that a "significant increase" in trading volume and capital inflow for Hong Kong's crypto ETFs is expected in 2025, as positive sentiment globally and locally will make these funds more active. Following the successful launch of the U.S. 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 (approximately $59.6 million). In terms of the ratio of crypto ETFs to their respective stock markets, the performance of U.S. and Hong Kong crypto ETFs is similar. 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. (TheBlock)

#BTC #ETF #ETH