According to ChainCatcher, the Hong Kong Stock Exchange announced that the ETP market, including ETFs and leveraged and inverse products, has welcomed a wave of new product listings this year. Hong Kong's thematic ETF market has also continued to diversify, with new ETFs investing in different fields such as artificial intelligence and automation, digital payments, and Web3 appearing one after another this year. The most eye-catching newly listed ETP is Asia's first Bitcoin inverse product, which was listed on the Hong Kong Stock Exchange in July and provides investors with a new tool to capture Bitcoin price changes.
With the listing of Asiaâs first six virtual asset spot ETFs in Hong Kong in April, together with Asiaâs first three virtual asset futures ETFs listed in December 2022 and January 2023, the market capitalization of Hong Kongâs virtual asset ETF market has grown to more than HK$3.2 billion at the end of August. There are currently ten virtual asset ETPs available on the Hong Kong Stock Exchange.
