HK Crypto ETFs Dey Trade HK$60.7M as BTC Dey Dominate
Di trading volume for Hong Kong Crypto ETF don rise to HK$60.74 million for di latest session, from HK$40.79 million on July 10. Bitcoin ETFs lead with HK$45.6 million (75%), Ether ETFs add HK$12.8 million, others altcoin funds take di remainder. Di daily turnover wey near di one-month average show say demand dey stable among local and mainland investors for regulated crypto products. Licensed firms dey speed up market entry—Futu Securities upgrade im Type 1 license to offer BTC and ETH trading pairs for August, while Panthertrade dey wait final approval for im platform license. Institutions like Guotai Junan International and Greenland Holdings dey grow virtual asset services, Guotai Junan dey forecast 161%–202% profit growth by mid-2025. HKMA and HSBC don finish e-HKD pilot for Arbitrum, Ethereum, Linea and Polygon, wey test privacy and scalability; surveys show say 90% of participants prioritize transaction privacy, one-third ready to use e-HKD for crypto trading. Di government plan to issue stablecoin licenses this year. Dis initiatives dey boost liquidity, compliance and infrastructure for Hong Kong Crypto ETF market, support Hong Kong to become global Web3 hub and dey show neutral to steadily bullish long-term ETF inflows.
Neutral
For short term, say stable daily trading volume wey near to one-month average plus small turnover when compared with traditional shares dey show say Bitcoin and Ether ETFs no go get big price change sharp sharp, e make us hold neutral position. Market dey gather before new regulatory updates and institutions go start to dey use am, fit help better buying money come gradually for long term without sharp price waka waka. The licences dem dey plan, platform upgrade and e-HKD pilot go make the system better and correct, dem dey set up for steady growth but no go cause wahala for price sharp sharp.