OSL Partners Dominate 88% of Trading in Hong Kong’s Spot Digital Asset ETFs

The Hong Kong ETF market has shown significant growth since its launch in April 2024, with substantial trading volumes and expanding assets under management (AUM).

The spot Bitcoin (BTC) ETF recorded a turnover of HK$ 1.14 billion.

In contrast, the spot Ethereum (ETH) ETF achieved a turnover of HK$ 33.76 million, highlighting the increasing investor interest in digital asset ETFs in Hong Kong.

OSL Digital Securities has played a pivotal role in this growth. OSL partner issuers account for 93 percent of the turnover in spot BTC ETFs and 70 percent of the turnover in spot ETH ETFs. Overall, OSL partners led 88 percent of trading in Hong Kong’s spot digital asset ETFs.

Data as of July 5, 2024, indicates the following turnover (HK$ in millions): BTC ETF: ChinaAMC (90.74), Harvest Global (16.44), Bosera (7.69), and Total (114.87). ETH ETF: ChinaAMC (17.22), Harvest Global (6.67), Bosera (9.87), Total (33.76).

Patrick PanOSL Digital asset ETFs
Patrick Pan

“OSL continues to drive regulated digital asset innovations, including staking services and tokenised fund products. As the market grows, OSL remains committed to pioneering new solutions and maintaining its status as a trusted partner for digital asset investments,”

said Patrick Pan, Chairman of the Board and CEO of OSL, regarding Hong Kong’s spot digital asset ETFs.

Featured image credit: Edited from Freepik

0 Comments

Leave a Comment