【Hong Kong Stock Exchange: The total market value of 10 virtual asset ETPs in Hong Kong reached HK$5.5 billion by the end of November】Golden Finance reported that the Hong Kong Stock Exchange announced that the Hong Kong ETP (Exchange Traded Products, including ETFs and leveraged and inverse products) market has entered its 25th anniversary this November, covering 195 products, with a market value reaching HK$463 billion by the end of November. The growth rate of the Hong Kong ETF market has increased over the past five years, with a compound annual growth rate of average daily trading volume reaching 30%, and the average daily trading volume in the first 11 months of this year reached HK$18.7 billion. In April of this year, the first batch of virtual asset spot ETFs in Asia was launched, followed by the first Bitcoin inverse product in Asia in July. Currently, there are 10 virtual asset ETPs listed in Hong Kong, with a total market value reaching HK$5.5 billion by the end of November. In terms of technology, the Hong Kong Stock Exchange recently announced plans to digitize and automate the physical subscription and redemption mechanism of ETFs through an online platform by 2025, to enhance the overall efficiency of the ETP market and promote the continuous growth of its secondary market activities.

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