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1st Batch of Bitcoin, Ethereum Spot ETFs Debut Tdy; CAM BTC (03042.HK) Lifts 2%+
Six Bitcoin and Ethereum spot ETFs debuted today (30th), with the ETFs issued by China Asset Management (Hong Kong) seeing a larger turnover. CAM BTC (03042.HK) now trades at $8.02...
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1st Batch of Bitcoin, Ethereum Spot ETFs Debut Tdy; CAM BTC (03042.HK) Lifts 2%+
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Six Bitcoin and Ethereum spot ETFs debuted today (30th), with the ETFs issued by China Asset Management (Hong Kong) seeing a larger turnover. CAM BTC (03042.HK)  0.000 (0.000%)    Short selling $200.64K; Ratio 2.240%   now trades at $8.025, up 2.49%, with 2.3195 million shares traded, involving $18.6957 million in turnover. CAM ETH (03046.HK)  0.000 (0.000%)   trades now at $7.86, up 0.38%, with 1.2363 million shares traded, involving $9.7783 million in turnover.

HGI BTC (03439.HK)  0.000 (0.000%)    Short selling $200.28K; Ratio 3.690%   now trades at $8.045, up 2.79%. HGI ETH (03179.HK)  0.000 (0.000%)    Short selling $550.55K; Ratio 11.151%   now trades at $7.885, up 0.74%. BOS HSK BTC (03008.HK)  0.000 (0.000%)   now trades at $50.08, up 2.83%. BOS HSK ETH (03009.HK)  0.000 (0.000%)   now trades at $25.06, up 0.6%.

Related NewsNomura Adds HKEX (00388.HK) TP to $330.58; Profit Rises as ADT Improves
HKEX (00388.HK)  0.000 (0.000%)    Short selling $346.72M; Ratio 22.012%   Head of Equities Product Development, Brian Roberts, said the introduction of spot virtual assets ETFs in Hong Kong is the latest exciting addition to HKEX’s diverse and vibrant ETP ecosystem, providing investors with access to a new asset class. Following the success of virtual assets futures ETFs, the listing of Asia’s first spot virtual assets ETFs will further enhance the product diversity and liquidity of the Hong Kong ETP market. HKEX looks forward to continuing to work closely with its stakeholders with a view to launching more products in its international marketplace.

HKEX added that in 1Q24, the combined average daily turnover for the 3 virtual assets futures ETFs listed in Hong Kong reached $51.3 million, up from $8.9 million a year earlier. Additionally, these 3 virtual assets futures ETFs attracted $529 million in net inflows during the first quarter.

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-20 16:25.)

Related NewsHSBC Global Research: HK Econ Faces ST Cyclical Challenges; LT Goal is to Strengthen Dev. of 8 Key Areas

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