Total Bitcoin holdings across three ETFs grew by 15.7%, reaching 4,500 BTC by September 2024.
Bosera HashKey leads in AUM at $124.8M, while Harvest BitcoinSpot’s holdings and AUM declined.
Hong Kong’s Bitcoin ETF market is expanding, driven by institutional and retail investor interest.
Hong Kong’s Bitcoin ETF market is gaining traction, with the combined holdings of the three major funds reaching 4,500 BTC, according to recent data. The ChinaAMC Bitcoin ETF (3042.HK), Harvest BitcoinSpot ETF (3439.HK), and Bosera HashKey Bitcoin ETF (3008.HK) have experienced varying trends in their Bitcoin holdings between April 30 and September 11, 2024.
ChinaAMC and Bosera HashKey have steadily increased their Bitcoin reserves. ChinaAMC’s holdings grew from 1,942 BTC in April to 2,328 BTC in September, while Bosera HashKey’s holdings increased from 957 to 1,673 BTC during the same period. In contrast, Harvest BitcoinSpot saw its holdings decrease from 989 to 499 BTC.
Bosera HashKey’s Bitcoin holdings experienced a significant surge on July 16, 2024, reaching a year-to-date high of 2,170 BTC. However, this was followed by a correction, with holdings falling to 1,632 B…
The post Hong Kong Solidifies Crypto Hub Status with Bitcoin ETF Growth appeared first on Coin Edition.