PANews reported on January 2 that K33 Research statistics show that the asset management scale (AUM) of US spot and derivative BTC ETFs has exceeded US$129 billion, surpassing the gold ETF (US$128.8 billion) for the first time. OSL Chief Institutional Business Officer (CIBO) Zhang Yinghua said that the total asset management scale of Hong Kong BTC spot ETFs is currently HK$3.087 billion, accounting for 0.66% of the Hong Kong ETF market (HK$463 billion), of which OSL partners account for more than 60%.
Zhang Yinghua further stated that in terms of market size, the current US BTC ETF asset management scale of US$129 billion accounts for 1.2% of its ETF market, while the same data in Hong Kong is 0.66%. There is no order of magnitude difference between the two in terms of proportion. In addition, the Hong Kong BTC ETF has had a net inflow of approximately 380 BTC since its listing on April 30, 2024, and the total asset management scale has increased by approximately 66%, indicating that the impact of Hong Kong's crypto ETF on the local financial market cannot be ignored, and it also has huge development potential.
