Hong Kong's six Bitcoin and Ethereum spot ETFs raised about HK$2 billion on their first day of listing

According to BlockBeats, on May 1, the Shanghai Securities News reported that on April 30, the first batch of spot cryptocurrency ETFs under China Asset Management (Hong Kong), Bosera Funds (International), and Harvest Global Asset Management officially landed on the Hong Kong Stock Exchange. The overall performance on the first day was active, with a transaction amount of more than HK$87 million, of which the Bitcoin ETF rose by more than 1%, stronger than the Ethereum ETF. According to channel sources, the first batch of cryptocurrency ETFs raised a total of about HK$2 billion on the first day. China Asset Management's issuance momentum was particularly strong. China Asset Management's Bitcoin ETF and Ethereum ETF raised a total of more than HK$1.1 billion, exceeding the first-day scale of the US Bitcoin ETF. Industry insiders believe that Hong Kong investors have shown a high degree of enthusiasm for virtual assets. As the virtual asset infrastructure and ecology continue to improve, the asset management scale of cryptocurrency ETFs is expected to expand significantly.