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Bitcoin and Ethereum ETFs debut in Hong Kong with lackluster trading volumes

Bitcoin and Ethereum ETFs debut in Hong Kong with lackluster trading volumes
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Despite making their much-anticipated debut in the Hong Kong market, Bitcoin (BTC) and Ether (ETH) ETFs were barely able to hit modest trading volumes.

According to data from the Hong Kong Stock Exchange, the total trading volume of the ETFs amounted to over 87M HKD (equivalent to $11 million), which is significantly below the market expectations. 

This figure is also a fraction of the record-breaking trading volume witnessed during the US debut, where 11 listed spot Bitcoin ETF products saw a total trading volume of $4.6 billion.

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On the first day of trading, six newly launched spot Bitcoin and Ethereum ETFs, issued by China Asset Management, Harvest Global, Bosera, and HashKey, debuted. Among them, China Asset Management's "ChinaAMC Bitcoin ETF" led in trading volume, with HK$37.16 million turnover during the initial trading session. 

Meanwhile, the value of Bitcoin and Ethereum tanked following the release of the ETFs. As of writing, Bitcoin is priced at $60.17K, down by over 4.5% in the last 24 hours. Ethereum does not fare any better, either, with the token currently hovering below the $3,000 mark.

‍

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Ayush Pande
Written by:
Ayush Pande
Co-Founder & CEO

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author
Ayush Pande
Reviewed by:
Ayush Pande
Writer

Bitcoin and Ethereum ETFs debut in Hong Kong with lackluster trading volumes

Despite making their much-anticipated debut in the Hong Kong market, Bitcoin and Ether ETFs were barely able to hit modest trading volumes.
Altcoins
Dot
April 5, 2025
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in
TABLE OF CONTENTS
Photo Source: Kanchanara

Despite making their much-anticipated debut in the Hong Kong market, Bitcoin (BTC) and Ether (ETH) ETFs were barely able to hit modest trading volumes.

According to data from the Hong Kong Stock Exchange, the total trading volume of the ETFs amounted to over 87M HKD (equivalent to $11 million), which is significantly below the market expectations. 

This figure is also a fraction of the record-breaking trading volume witnessed during the US debut, where 11 listed spot Bitcoin ETF products saw a total trading volume of $4.6 billion.

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

On the first day of trading, six newly launched spot Bitcoin and Ethereum ETFs, issued by China Asset Management, Harvest Global, Bosera, and HashKey, debuted. Among them, China Asset Management's "ChinaAMC Bitcoin ETF" led in trading volume, with HK$37.16 million turnover during the initial trading session. 

Meanwhile, the value of Bitcoin and Ethereum tanked following the release of the ETFs. As of writing, Bitcoin is priced at $60.17K, down by over 4.5% in the last 24 hours. Ethereum does not fare any better, either, with the token currently hovering below the $3,000 mark.

‍

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April 30, 2024

Bitcoin and Ethereum ETFs debut in Hong Kong with lackluster trading volumes

HomeAltcoins
Blog Post
Contents
Photo Source: Kanchanara

Despite making their much-anticipated debut in the Hong Kong market, Bitcoin (BTC) and Ether (ETH) ETFs were barely able to hit modest trading volumes.

According to data from the Hong Kong Stock Exchange, the total trading volume of the ETFs amounted to over 87M HKD (equivalent to $11 million), which is significantly below the market expectations. 

This figure is also a fraction of the record-breaking trading volume witnessed during the US debut, where 11 listed spot Bitcoin ETF products saw a total trading volume of $4.6 billion.

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

On the first day of trading, six newly launched spot Bitcoin and Ethereum ETFs, issued by China Asset Management, Harvest Global, Bosera, and HashKey, debuted. Among them, China Asset Management's "ChinaAMC Bitcoin ETF" led in trading volume, with HK$37.16 million turnover during the initial trading session. 

Meanwhile, the value of Bitcoin and Ethereum tanked following the release of the ETFs. As of writing, Bitcoin is priced at $60.17K, down by over 4.5% in the last 24 hours. Ethereum does not fare any better, either, with the token currently hovering below the $3,000 mark.

‍

Bitcoin
Ethereum
Exchange-Traded Fund
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

in

Despite making their much-anticipated debut in the Hong Kong market, Bitcoin (BTC) and Ether (ETH) ETFs were barely able to hit modest trading volumes.

According to data from the Hong Kong Stock Exchange, the total trading volume of the ETFs amounted to over 87M HKD (equivalent to $11 million), which is significantly below the market expectations. 

This figure is also a fraction of the record-breaking trading volume witnessed during the US debut, where 11 listed spot Bitcoin ETF products saw a total trading volume of $4.6 billion.

‍



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


‍

On the first day of trading, six newly launched spot Bitcoin and Ethereum ETFs, issued by China Asset Management, Harvest Global, Bosera, and HashKey, debuted. Among them, China Asset Management's "ChinaAMC Bitcoin ETF" led in trading volume, with HK$37.16 million turnover during the initial trading session. 

Meanwhile, the value of Bitcoin and Ethereum tanked following the release of the ETFs. As of writing, Bitcoin is priced at $60.17K, down by over 4.5% in the last 24 hours. Ethereum does not fare any better, either, with the token currently hovering below the $3,000 mark.

‍

Written by
Ayush Pande
Bitcoin
Ethereum
Exchange-Traded Fund

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