On 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, revealed that digital asset ETFs listed within the Particular Administrative Area (SAR ) from China have now surpassed HK$12 billion ($1.532 billion). ) in belongings underneath administration (AUM). Li famous:
In accordance with figures supplied by Li, the full AUM of Hong Kong crypto ETFs elevated by 80% in comparison with December 2022, with a every day buying and selling quantity of HK$1.7 billion. This represents 6% of the every day buying and selling quantity of all shares on the Hong Kong Inventory Alternate. The SAR beforehand cleared crypto ETFs for itemizing in July 2022, which initially struggled to catch on.
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