China Asset Management (Hong Kong) issues Bitcoin and Ethereum ETFs, raising more than HK$1.1 billion on the first day

According to Wu, the Bitcoin ETF and Ethereum ETF issued by China Asset Management (Hong Kong) raised more than HK$1.1 billion on the first day of issuance, which exceeded the first-day fundraising scale of the US Bitcoin ETF. Together with the total fundraising of the other two institutions, the fundraising scale of the first batch of cryptocurrency ETFs is about HK$2 billion.