According to a report by TheBlock, OSL General Manager Ryan Miller stated that a "significant increase" in trading volume and capital inflows for Hong Kong's crypto ETFs is expected. Following the successful launch of the Bitcoin spot ETF in the United States, Hong Kong introduced six Bitcoin spot and Ethereum spot ETFs in April 2024. As of December 11, Hong Kong's Bitcoin spot ETFs have accumulated 4,560 BTC (approximately $444.6 million), while the Ethereum spot ETFs hold 16,280 ETH (approximately $59.6 million). Ryan Miller pointed out that "in terms of the ratio of cryptocurrency ETFs to their respective stock markets, the performance of US and Hong Kong cryptocurrency ETFs is similar. The valuation of US crypto spot ETFs is approximately $5.47 billion, equivalent to 0.019% of the total market capitalization of the New York Stock Exchange and NASDAQ, while the market size of Hong Kong's crypto spot ETFs is about $351.24 million, compared to a market cap of $15.2 trillion for the Hang Seng Index. A "significant increase" in trading volume and capital inflows for Hong Kong ETFs is expected over the next year. On December 6, the total trading volume of Hong Kong's crypto spot ETFs exceeded $58 million, setting a new historical record. Since Trump's re-election as President of the United States, the average trading volume has increased. With ongoing regulatory support and growing investor interest, Hong Kong's cryptocurrency ETFs are well-positioned to thrive in an evolving global cryptocurrency landscape.

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