Hong Kong Bitcoin ETF shatters records!
- 6 months ago
The post Hong Kong Bitcoin ETF shatters records! appeared first on Coinpedia Fintech News.
The Hong Kong CSOP Bitcoin Futures ETF has reached a significant milestone in terms of trading volume and capital inflows. On October 24, the ETF’s trading volume hit HK$175.87 million, with net inflows of HK$138 million, marking the largest day for both figures since its listing. The ETF’s daily turnover used to be between HK$1 million and HK$2 million, indicating a significant increase in demand from investors. This news is expected to have a positive impact on the cryptocurrency market, demonstrating the growing interest in bitcoin investment products worldwide.
The Hong Kong CSOP Bitcoin Futures ETF has reached a significant milestone in terms of trading volume and capital inflows. On October 24, the ETF’s trading volume hit HK$175.87 million, with net inflows of HK$138 million, marking the largest day for both figures since its listing. The ETF’s daily turnover used to be between HK$1 million and HK$2 million, indicating a significant increase in demand from investors. This news is expected to have a positive impact on the cryptocurrency market, demonstrating the growing interest in bitcoin investment products worldwide.