According to Golden Finance, Hong Kong stock market data shows that as of the close of trading today, the six virtual asset ETFs listed in Hong Kong have demonstrated a certain level of market activity, with a total trading volume of 13.0865 million Hong Kong dollars. This data reflects that investors still maintain a continuous focus on investment products related to virtual assets.
Among these six ETFs, the ChinaAMC Bitcoin ETF (3042.HK) performed particularly well, with a trading volume of 9.84 million Hong Kong dollars, accounting for a relatively large proportion of the total trading volume on that day. The product launched by ChinaAMC (Hong Kong) on April 30, 2024, has attracted extensive attention from the market since its listing. It is highly secure, approved by the Hong Kong Securities and Futures Commission and listed on the Hong Kong Stock Exchange. It collaborates with regulated crypto asset exchanges and large custodian institutions, providing investors with an additional sense of security during the trading process. Meanwhile, this ETF is simple and convenient to trade. It can be directly traded on a broker like Hong Kong stocks, with the fastest T+2 subscription and redemption. The investment threshold is also relatively low, requiring only 100 shares, approximately 850 Hong Kong dollars. It supports both cash and physical subscription and redemption models, and offers both listed and unlisted share options. It supports trading in Hong Kong dollars, US dollars, and RMB. These advantages have attracted a large number of investors to participate in the trading.
The trading volume of the Huaxia Ether ETF (3046.HK) today was 1.37 million Hong Kong dollars. As a product launched by ChinaAMC (Hong Kong), it, together with ChinaAMC Bitcoin ETF, offers investors a convenient way to participate in the Ether market. It tracks the performance of the CME Group CF Ether Index (closing price in Asia Pacific) and provides investors with corresponding investment returns (before deducting fees and expenses).
The trading volume of Harvest Bitcoin ETF (3439.HK) today was HK $533,600. This product issued by Harvest International Asset Management Co., Ltd. has an annual management fee of 0.3% of the net asset value (collected starting six months after issuance), and its fee advantage in the early stage of listing has also attracted some investors. It tracks market prices by holding actual Bitcoin, avoiding the common price tracking error problem in futures ETFs, allowing investors to participate more directly in the performance of the Bitcoin market.
The trading volume of Harvest Ether ETF (3179.HK) was HK $103,100. Similar to Harvest Bitcoin ETF, it also aims to offer investment returns that closely align with the spot price of Ether (before deducting fees and expenses), providing investors with a new option for investing in Ether.
The trading volume of Boshi HashKey Bitcoin ETF (3008.HK) was HK $838,600. This product jointly launched by Boshi Fund (International) and HashKey Capital Limited has its own characteristics in terms of fees, transactions, etc. The management fee is 0.6% of the net asset value four months after the issuance. The initial issue price is basically consistent with 1/10,000 of the tracking index on April 26, 2024, that is, the converted net asset value per share corresponds to approximately 0.0001 Bitcoin. Holding 10,000 shares is approximately equal to 1 Bitcoin.
The trading volume of Boshi HashKey Ether ETF (3009.HK) was HK $401,200. This product was also jointly launched by Boshi Fund (International) and HashKey Capital Limited, providing investors with a new channel to invest in Ether. Its trading characteristics and investment strategies are similar to those of Boshi HashKey Bitcoin ETF, aiming to track the performance of the CME CF Ether Index. Bring corresponding returns to investors.
Since its launch, the Hong Kong virtual asset ETF market has provided investors with more diversified investment options. The emergence of these ETFs not only enriches the product range in Hong Kong’s financial market but also provides professional and retail investors with opportunities to participate in the virtual asset market. However, the virtual asset market is highly volatile and risky. Investors need to fully understand the characteristics and risks of the related products when participating in transactions and make investment decisions with caution. The subsequent market will continue to monitor the performance of these virtual asset ETFs and their long-term impact on the Hong Kong financial market and the virtual asset investment sector.
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