Hong Kong’s crypto ETFs are alive with record volume of $31m during the sale
The volume of trading suggests that investors are warming to six Hong Kong crypto ETFs. The market is still small compared to the US.In July there were no flights. It may be small, but the Hong Kong cryptocurrency exchange is setting a record day for trading volume. As global markets rumbled on Monday, six Hong Kong digital asset ETFs traded $30.8 million in six Hong Kong digital currency ETFs. Their biggest day since launching the fund on April 30. Bitcoin ETFs registered just over $26.1 million, while three Ethereum coins traded $4.7 million. Despite the gains, trading volume fell on Tuesday, highlighting the challenges ahead for Hong Kong ETFs to sustain. … Read more