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Hong Kong's six spot bitcoin, ether ETFs see $11 million in volume on first trading day
Hong Kong's six spot bitcoin, ether ETFs see $11 million in volume on first trading day

Hong Kong’s six new spot bitcoin and ether ETFs recorded roughly HK$87.5 million ($11.2 million) in trading volume on their first trading day on Tuesday, according to the Hong Kong Stock Exchange data.ChinaAMC’s spot bitcoin ETF led in trading volume, logging HK$37.16 million on the day, and its assets under management reached $121.7 million.In comparison, when the 11 spot bitcoin ETFs began trading in the U.S. in January, their daily turnover reached about $4.6 billion on the first trading day.

The Block·2024/04/30 09:46
Glassnode insights: Surviving Bull Drawdowns
Glassnode insights: Surviving Bull Drawdowns

Glassnode insights·2024/04/30 09:46
MicroStrategy Acquires More Bitcoin Amid Revenue Decline and Net Loss
MicroStrategy Acquires More Bitcoin Amid Revenue Decline and Net Loss

MicroStrategy’s total Bitcoin purchase so far in 2024 is valued at $1.65 billion.

Cryptopotato·2024/04/30 06:58
US spot bitcoin ETF outflows continue with $51.5 million more exiting
US spot bitcoin ETF outflows continue with $51.5 million more exiting

Spot bitcoin exchange-traded funds in the U.S. witnessed more than $51.5 million in net outflows on April 29.BlackRock’s iShares Bitcoin Trust had net inflows of $0.HKEX listed six spot bitcoin and ether ETFs today.

The Block·2024/04/30 05:34
Hong Kong’s spot bitcoin, ether ETFs see over $6.3 million in half-day volume upon debut
Hong Kong’s spot bitcoin, ether ETFs see over $6.3 million in half-day volume upon debut

The trading volume of the newly listed spot bitcoin and ether ETFs in Hong Kong amounted to over $6.3 million during the morning session today, according to HKEX data. In comparison, when the 11 spot bitcoin ETFs began trading in the U.S. in January, their daily turnover reached about $4.6 billion on the first trading day.

The Block·2024/04/30 05:25
Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend
Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend

Ongoing outflows of $435 continue as incumbent ETF issuers witness withdrawals.

Cryptopotato·2024/04/30 05:13
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