HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched Spot Crypto ETFs in Hong Kong
07 Mayo 2024 - 5:00PM
The inaugural week of the newly launched ETFs has exceeded all
projections, with asset under management (AUM) surpassing HKD2.4
billion as of 6 May, a testament to the strong investor interest
and confidence in the market. This milestone highlights the
successful fusion of traditional financial systems with
cutting-edge digital asset solutions, showcasing the evolution and
maturity of Hong Kong's digital finance landscape.
ETP / AUM (HKD in million) |
Total |
BTC |
ETH |
ChinaAMC |
1,225.81 |
1,050.00 |
175.81 |
Harvest Global |
665.91 |
556.71 |
109.20 |
Bosera |
584.49 |
472.71 |
111.78 |
Data as of 6 May (Source: HKEX) |
OSL Digital Securities, a prominent licensed
digital asset platform and a core entity of OSL Group (863.HK), has
been entrusted as the virtual asset trading platform and
sub-custodian for both ChinaAMC's and Harvest Global’s inaugural
spot BTC/ETH ETFs, which surpasses 76% of the total market shares.
This achievement reflects OSL's recognized leadership and expertise
in the digital asset industry, reinforcing its pivotal role in
facilitating the growth and security of the market.
OSL’s CEO - “Bridging today’s finance with tomorrow’s Web
3.0”
Patrick Pan, Chairman of the Board & CEO of
OSL, remarked, “In collaboration with the industry’s finest ETF
managers, we have successfully launched four innovative spot
BTC/ETH ETF products in one of the world's most dynamic ETF
markets. Together, we have addressed some of the most intricate
challenges of our industry—regulated digital asset custody,
ensuring stable liquidity, and bridging traditional financial
markets with the speed of on/off-chain operations. Today marks a
significant step towards merging contemporary finance with the
future of Web 3.0.”
Looking forward, OSL is optimistic about the
continued growth and influence of these ETFs. The successful launch
also sets the stage for further innovations and market expansion.
This landmark development is expected to boost market activity and
attract further investment, driving forward Hong Kong’s ambition to
be at the forefront of the digital asset revolution.
END
About OSL
Backed by Asia’s leading public fintech and
digital asset company, OSL Group (863.HK), formerly BC Technology
Group, OSL is the world’s first SFC-licensed and insured digital
asset platform. Founded in 2018, OSL has an established history in
the sector and is recognised by many as the leader in providing
comprehensive regulated and licensed digital asset solutions.
OSL offers Markets services (brokerage,
exchange, and custody) and SaaS technology solutions, which deliver
institutional clients in addition to professional and retail
investors access to global liquidity through its best-in-class
digital asset platform. OSL’s secured and insured hot and cold
wallet infrastructure also ensures the safekeeping of digital
assets with timely transaction settlements.
As the digital asset industry continues to
evolve, so does OSL. OSL’s simple and tailored approach compliantly
navigates international clients through the evolving digital assets
environment.
For more information,
visit: https://group.osl.com/
Press enquiriesmedia@osl.com
https://osl.com/en/Disclaimer: The information provided in
this press release is not a solicitation for investment, nor is it
intended as investment advice, financial advice, or trading advice.
It is strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Vivien Choi
OSL
media at osl.com