Throughout a June 28 interview with Hong Kong’s public broadcasting company, Radio Tv Hong Kong, Peishan Li, managing director and board member of Funding Administration disclosed that digital asset ETFs listed within the particular administrative area of China surpassed HK$12 billion ($1.532 billion) in belongings underneath administration. Li famous:
In accordance with figures offered by Li, the overall AUM of Hong Kong crypto ETFs elevated by 80% in comparison with December 2022, with a day by day buying and selling quantity of HKD 1.7 billion. This represents 6% of the day by day buying and selling quantity of all shares on the Hong Kong Inventory Change. The SAR beforehand allowed the itemizing of crypto ETFs in July 2022, which initially struggled to realize traction.
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