Hong Kong Bitcoin and Ether ETFs Experience Significant Outflow in Single Day
Hong Kong Bitcoin and Ether ETFs suffer largest-ever outflow, totaling $32.7 million, amidst market volatility and post-halving price decline.

Hong Kong Bitcoin and Ether ETFs suffer largest-ever outflow, totaling $32.7 million, amidst market volatility and post-halving price decline.
Wintermute partners with OSL and HashKey to support Bitcoin spot ETFs in Hong Kong, enhancing liquidity. ETFs mark milestone in integrating digital assets into portfolios amid proactive regulatory environment.
Hong Kong approves Bitcoin and Ether ETFs, offering regulated access to digital assets. In-kind creation model contrasts with the US cash-centric approach. Expectation of fee competition with potential fee waivers and lower-than-expected fees sparks optimism.
Hong Kong is on the verge of approving a bitcoin ETF, potentially attracting significant investment from mainland Chinese investors.
Since the U.S. Securities and Exchange Commission approved the listing of the first 11 spot Bitcoin ETFs on January 10, Hong Kong’s financial market has also made new progress in incorporating virtual assets.
The Hong Kong Securities Regulatory Commission hopes to speed up the approval of the first Hong Kong Bitcoin spot ETF. It plans to list the first Hong Kong spot Bitcoin ETF on the Hong Kong Stock Exchange after the Spring Festival.
The SFC mentioned in the circular that it was “ready to accept applications for virtual asset spot ETFs.” The head of securities product development of the Hong Kong Stock Exchange expressed his readiness to seize the opportunities brought by thematic investment and smoothly introduce new products to the Hong Kong ETF market.
This article explains in detail the relevant situation of Bitcoin spot ETF, and analyzes the relevant regulatory rules of Bitcoin spot in Hong Kong.
If we assume the “worst case scenario” and the SEC rejects a spot Bitcoin ETF, the financial giants who submitted the application likely have another option: Hong Kong.
Hong Kong, embracing a crypto-friendly stance, may pioneer in launching Bitcoin spot ETFs in Asia, influenced by the U.S. and backed by a robust regulatory framework.