Hong Kong Bitcoin and Ether ETFs Have Soft Debut
Powered by @unfoldedHong Kong's crypto ETFs had a soft debut, with trading volume much lower than expected.
The total trading volume for the six listed crypto ETFs was $11 million.
Bitcoin ETFs posted $8.5 million in volume, while ether ETFs had $2.5 million.
Hong Kong allows ether ETFs, as regulators don't have the same concerns about ether being a security as in the U.S.
https://www.coindesk.com/markets/2024/04/30/hong-kong-bitcoin-and-ether-etfs-have-soft-debut/