In an interview with Hong Kong’s public broadcaster, Hong Kong Radio and Tv, on June 28, Pei Shan Lee, Chief Govt Officer and Director of Funding Administration, mentioned: disclosed The quantity of property beneath administration of digital asset ETFs listed in China’s particular administrative areas has surpassed HK$12 billion ($1.532 billion). Mr. Lee mentioned:

In line with figures supplied by Lee, complete property beneath administration of Hong Kong cryptocurrency ETFs have elevated by 80% in comparison with December 2022, with day by day buying and selling quantity reaching HK$1.7 billion. This represents 6% of the day by day buying and selling quantity of all shares on the Hong Kong Inventory Alternate. The SAR beforehand allowed the itemizing of cryptocurrency ETFs in July 2022, however initially struggled to realize momentum.

Learn extra on Cointelegraph