_hong-kong-launches-bitcoin-and-ether-etfs-debut-day-trading-volumes-fall-short.jpg "Hong Kong Launches Bitcoin and Ether ETFs, Debut Day Trading Volumes Fall Short from tapasi pannu sec Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:37
👁 View: 1.5M times
✓ Published: 01-May-2024
👁 View: 1.5M times
✓ Published: 01-May-2024
Description:
Hong Kong launched its first bitcoin and ether exchange-traded funds, which had lower-than-expected trading volumes, totaling just over $11 million on their debut day. Bitcoin ETFs accounted for $8.5 million in volume while ether ETFs saw $2.5 million. Issuers had projected over $100 million in initial volume. Ether ETFs are allowed in Hong Kong, unlike in the U.S. where the SEC has not clarified whether ether is a security. The soft debut volume may raise questions about the appetite for crypto ETF products in Hong Kong versus other markets.
Hong Kong launched its first bitcoin and ether exchange-traded funds, which had lower-than-expected trading volumes, totaling just over $11 million on their debut day. Bitcoin ETFs accounted for $8.5 million in volume while ether ETFs saw $2.5 million. Issuers had projected over $100 million in initial volume. Ether ETFs are allowed in Hong Kong, unlike in the U.S. where the SEC has not clarified whether ether is a security. The soft debut volume may raise questions about the appetite for crypto ETF products in Hong Kong versus other markets.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_sec-lloyd-austin-and-gen-c-q-brown-share-key-39takeaways39-from-iran39s-strike-on-israel.webp "During a press briefing, a reporter asked Defense Secretary Lloyd Austin and Joint Chiefs of Staff Chair Gen. C.Q. Brown about Iran's recent attacks on Israel, as well as security for the temporary aid pier being constructed in Gaza.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 4:34 👁 85K
_transportation-sec-pete-buttigieg-testifies-before-house-appropriations-committee.webp "On Tuesday, Secretary of Transportation Pete Buttigieg testified before the House Appropriations Committee. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
_tim-walberg-slams-acting-labor-sec-julie-su-over-proposed-overtime-rule-its-a-waste-of-time.webp "On Wednesday, Rep. Tim Walberg (R-MI) questioned Afting Labor Secretary Julie Su on proposed rules concerning overtime work during a House Education and Workforce Committee hearing. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 5:58 👁 70K
_acting-sec-of-labor-julie-su-grilled-by-house-members-during-education-and-workforce-committee.webp "On Wednesday, Acting Secretary of Labor Julie Su testifief before the House Education and the Workforce Committee hearing. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 3:33:0 👁 865K
_presidential-adviser-for-poverty-alleviation-sec-larry-gadon-haharap-sa-92.webp "Presidential Adviser for Poverty Alleviation Sec. Larry Gadon, haharap sa \")
_breaking-news-matt-gaetz-grills-sec-lloyd-austin-on-american-39boots-on-the-ground39-in-gaza.webp "At a House Armed Services Committee hearing on Tuesday, Rep. Matt Gaetz (R-FL) questioned Sec. Lloyd Austin about Gaza. <br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 5:5 👁 25K
_prioritizing-results-over-rhetoric-sec-cardona-touts-department-of-educations-accomplishments.webp "On Tuesday, Education Secretary Miguel Cardona testified before the Senate Appropriations Committee about the FY2025 budget.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
⏲ 3:34 👁 20K
_neal-dunn-details-importance-of-domestic-production-of-medical-supplies.webp "At a House Energy Committee hearing prior to the Congressional recess, Rep. Neal Dunn (R-FL) questioned HHS Sec. Xavier Becerra about domestic production of medical supplies.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_sec-lloyd-austin-and-gen-c-q-brown-share-key-39takeaways39-from-iran39s-strike-on-israel.jpg)
_transportation-sec-pete-buttigieg-testifies-before-house-appropriations-committee.jpg)
_tim-walberg-slams-acting-labor-sec-julie-su-over-proposed-overtime-rule-its-a-waste-of-time.jpg)
_acting-sec-of-labor-julie-su-grilled-by-house-members-during-education-and-workforce-committee.jpg)
_presidential-adviser-for-poverty-alleviation-sec-larry-gadon-haharap-sa-92.jpg)
_breaking-news-matt-gaetz-grills-sec-lloyd-austin-on-american-39boots-on-the-ground39-in-gaza.jpg)
_prioritizing-results-over-rhetoric-sec-cardona-touts-department-of-educations-accomplishments.jpg)
_neal-dunn-details-importance-of-domestic-production-of-medical-supplies.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
View Full Screen: hong kong launches bitcoin and ether etfs debut day trading volumes fall short.jpg
![[+]](/images/menu.gif){kind=small}