Hong Kong Crypto ETF Market Activity: HK$47.6 Million Daily Turnover

Hong Kong’s virtual asset ETF market showed moderate trading activity on August 12, with aggregate daily turnover reaching approximately HK$47.64676 million across all listed products, according to latest market data.

Market Leaders Emerge

China Asset Management dominated the day’s volume, driving the bulk of trading action. Their Ethereum ETF (03046.HK/09046.HK/83046.HK) led with HK$26.4395 million in turnover, while their Bitcoin ETF (3042.HK/9042.HK/83042.HK) followed closely behind with HK$16.2122 million, collectively accounting for roughly 90% of total market activity.

Secondary Players

The remaining virtual asset ETF offerings showed more modest engagement:

• Harvest’s product suite: Bitcoin ETF (03439.HK/09439.HK) recorded HK$1.0932 million, with its Ethereum counterpart (03179.HK/09179.HK) pulling in HK$1.0533 million
• Bosera’s offerings: Bitcoin ETF (03008.HK/09008.HK) posted HK$644,500, while Ethereum ETF (03009.HK/09009.HK) attracted HK$2.1841 million

Trading Infrastructure

All Hong Kong virtual asset ETFs feature dual-currency trading in Hong Kong dollars and US dollars. Notably, China Asset Management’s products uniquely offer RMB counter access, providing mainland investors with direct participation channels.