OSL: The total asset management scale of Hong Kong BTC spot ETF accounts for 0.66% of the ETF market, an increase of about 66% since its listing
Here is the English translation:
According to news from Mars Finance, on January 2, data from K33Research showed that the assets under management (AUM) of the US spot and derivative BTCETF exceeded $129 billion, surpassing the gold ETF ($128.8 billion) for the first time. Zhang Yinghua, Chief Institutional Business Officer (CIBO) of OSL, stated that the current total AUM of the Hong Kong BTC spot ETF is HK$30.87 billion, accounting for 0.66% of the Hong Kong ETF market (HK$463 billion), of which OSL's partners account for over 60%. Zhang Yinghua further stated that in terms of market size, the current $129 billion AUM of the US BTCETF accounts for 1.2% of its ETF market, while the same data for Hong Kong is 0.66%, and the two are not significantly different in proportion. The Hong Kong BTCETF has seen a net inflow of about 380 BTC since its listing on April 30, 2024, with the total AUM growing by about 66%, indicating that the crypto ETF in Hong Kong also has a significant impact on the local financial market and has huge development potential.
