According to Foresight News, data from K33 Research indicates that the asset management scale (AUM) of U.S. spot and derivatives Bitcoin ETFs has surpassed $129 billion, exceeding that of gold ETFs, which stands at $128.8 billion. OSL's Chief Institutional Business Officer, Zhang Yinghua, noted that the total AUM of Hong Kong's Bitcoin spot ETFs is HKD 3.087 billion, accounting for 0.66% of the Hong Kong ETF market, valued at HKD 463 billion. OSL's partners hold over 60% of this market share.
Zhang further explained that in terms of market share, the $129 billion AUM of U.S. Bitcoin ETFs represents 1.2% of its ETF market, while Hong Kong's equivalent is 0.66%. Despite the difference in absolute numbers, the proportional comparison shows no significant disparity. Since its launch on April 30, 2024, Hong Kong's Bitcoin ETF has seen a net inflow of approximately 380 BTC, with its total AUM growing by about 66%. This indicates that Hong Kong's crypto ETFs have a notable impact on the local financial market and possess significant growth potential.
