PANews reported on January 2 that K33 Research statistics show that the asset management scale (AUM) of the US spot and derivative BTC ETFs has surpassed $129 billion, for the first time exceeding that of gold ETFs ($128.8 billion). Zhang Yinghua, Chief Institutional Business Officer (CIBO) of OSL, stated that the total asset management scale of the Hong Kong BTC spot ETF is HKD 30.87 billion, accounting for 0.66% of the Hong Kong ETF market (HKD 463 billion), with OSL's partners accounting for over 60%.
Zhang Yinghua further stated that, from the perspective of market share, the current asset management scale of the BTC ETF in the United States is $129 billion, accounting for 1.2% of its ETF market, while the same data for Hong Kong is 0.66%. There is no significant difference in scale between the two. Since the listing of the Hong Kong BTC ETF on April 30, 2024, there has been a net inflow of approximately 380 BTC, with the total asset management scale increasing by about 66%, indicating that the impact of Hong Kong's crypto ETF on the local financial market cannot be ignored, and it also has huge development potential.
