Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Hong Kong’s spot Bitcoin ETF saw daily outflows, while the local Ether ETF was stable with no new flows.
ADOPTION NEWS

Hong Kong’s spot Bitcoin ETF saw daily outflows, while the local Ether ETF was stable with no new flows.

By Crypto FlexsMay 24, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Hong Kong’s spot Bitcoin ETF saw daily outflows, while the local Ether ETF was stable with no new flows.
Share
Facebook Twitter LinkedIn Pinterest Email
Funding • May 24, 2024 2:13 AM EDT

Posted 1 minute ago In ~

Hong Kong’s three spot Bitcoin exchange-traded funds recorded net outflows of 25.63 BTC on Thursday, while the region’s spot Ether ETF reported zero flows.

The outflow of spot Bitcoin ​​ETFs was caused solely by products managed by China Asset Management, which reportedly saw an outflow of 25.63 BTC from the fund. data In small value. As of Thursday, the combined net assets of the three spot Bitcoin ETFs stood at $254.74 million.

The city’s three spot ether ETFs had zero flows on Thursday after bringing in 62.8 ETH on Wednesday. The total net worth of the three products reached $50.83 million as of Thursday.

Meanwhile, in the U.S., 11 spot Bitcoin ETFs reported inflows for the ninth straight day on Thursday. Attracted $107.91 million.

On Thursday, the U.S. Securities and Exchange Commission Approved 19b-4 format for eight spot Ethereum ETFs changing political dynamics Among lawmakers.

“The ETH spot ETF in Hong Kong is about 15% of the total local spot ETF AUM (the remainder is allocated to BTC), so we can expect a similar percentage in the U.S. or abroad.” Justin d’Anethan, head of APAC business development at cryptocurrency marketplace maker Keyrock, told The Block. “This is probably because spot ETH ETFs are inherently inferior investment products compared to their native tokens, as no staking rewards have been offered to date.”

At the time of publication, Bitcoin was trading at $67,254, down 3% over the past 24 hours, while Ethereum was trading at $3,746, down 0.51%. The Block Pricing Page.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Sign Up And Receive $500 Bonus, Ushering In A New Era Of Compliant And Secure Crypto Investment

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025
Most Popular

Encryption company moving to Wall Street territory during ‘synergy’

April 23, 2025

Shiba Inu is aiming to launch SHIB domains for email and websites.

December 20, 2023

Tether and Solana’s Yakovenko secures $25 million investment in cryptocurrency payment company Oobit

February 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.