HK Crypto ETFs Hit HKD 47.65M Volume Led by Huaxia BTC & ETH
On August 12, Hong Kong virtual asset ETFs traded a total of HKD 47.65 million. Huaxia Bitcoin ETF recorded HKD 16.21 million in turnover, while Huaxia Ethereum ETF led with HKD 26.44 million. Smaller volumes were seen in Harvest’s Bitcoin and Ethereum ETFs (HKD 1.09 million and HKD 1.05 million respectively) and Bosera’s Bitcoin and Ethereum ETFs (HKD 0.64 million and HKD 2.18 million). All funds feature HKD and USD counters; only Huaxia’s ETFs offer RMB counters. These figures highlight liquidity distribution among Hong Kong virtual asset ETFs, offering traders insights into asset flows and fund popularity.
Neutral
The reported HKD 47.65 million turnover across Hong Kong virtual asset ETFs indicates moderate trading activity without a significant surge or slump. Huaxia’s strong volumes reflect fund popularity and liquidity concentration, while smaller volumes in Harvest and Bosera ETFs suggest a stable but varied market interest. Historically, such balanced ETF flows have led to short-term price stability in BTC and ETH without triggering major rallies or sell-offs. Traders can expect continued steady liquidity; any significant market shifts will depend on broader macro or regulatory developments rather than ETF volumes alone.