Hong Kong SFC Reports Significant Growth in Virtual Asset ETFs

According to Odaily, the Hong Kong Securities and Futures Commission (SFC) has released its third-quarter report for July to September 2025. The report reveals that the total market value of virtual asset spot ETFs reached $920 million, marking a 217% increase since their launch. Additionally, the asset management scale of five tokenized money market funds has grown to HKD 5.387 billion (approximately $692 million), representing a 391% rise from the previous quarter. The SFC also confirmed that the stamp duty exemption for transferring ETFs applies to tokenized ETFs. This measure aims to promote secondary market trading of tokenized ETFs and further expand market access for tokenized fixed income and monetary products. Currently, licenses have been issued to 11 virtual asset trading platforms, with applications from eight more platforms under review.