For Hong Kong to truly compete on the global stage, it will need to attract more significant inflows and broader participation from both retail and institutional investors.
Hong Kong’s burgeoning cryptocurrency investment landscape has reached a significant milestone with the total asset management scale of the city’s Bitcoin exchange-traded funds (ETFs) has surpassed HK$2 billion ($256 million).
This achievement underscores the growing interest and confidence in digital assets within the region despite a relatively slow start compared to their US counterparts.
According to data from SoSo Value, the three spot Bitcoin ETFs in Hong Kong experienced a net inflow of approximately 247 BTC this week, bringing their total holdings to around 4,450 BTC, marking a weekly increase of 5.9%. The total asset management scale for these ETFs now stands at approximately HK$2.113 billion.
