Hong Kong spot Bitcoin and Ethereum ETFs have a half-day trading volume of more than $6.3 million after listing

According to data from the Hong Kong Stock Exchange, six new Bitcoin and Ethereum exchange-traded funds (ETFs) traded approximately HKD 49.4 million (approximately USD 6.3 million) on the first trading day of the week on Tuesday. In contrast, when 11 spot Bitcoin ETFs began trading in the United States in January of this year, their first day's trading volume reached approximately USD 4.6 billion.

Data from the Hong Kong Stock Exchange shows that Huaxia Fund's "Huaxia Bitcoin ETF" had the highest trading volume, with a turnover of HKD 22.97 million in the first half of the trading day. Huaxia Ethereum ETF ranked second among the six ETFs, with a trading volume of HKD 10.47 million. Harvest's spot Bitcoin ETF had a trading volume of HKD 8.11 million, while its ETH ETF had a trading volume of HKD 2.18 million. Bosera HashKey's Bitcoin ETF had a trading volume of HKD 3.59 million in early trading, while its ETH ETF had a trading volume of HKD 1.53 million.