Hong Kong Bitcoin ETF Records Second Highest Single-Day Inflow, OSL Partner Issuers Hold Nearly 60% of Total Bitcoin Holdings
OSL partner issuers ChinaAMC and Harvest Global hold over 2,840 BTC, accounting for more than half of market share
(Hong Kong, 15 July 2024) – Since its launch in April 2024, Hong Kong's digital asset ETF market has demonstrated significant growth, with both trading volumes and assets under management (AUM) continuing to expand. According to the latest data from SoSo Value as of last Friday (12 July), the single-day inflow volume for Hong Kong Bitcoin ETFs reached 612.24 BTC, the second-highest in history outside the first day of Bitcoin ETF trading, which saw an inflow volume of 3,910 BTC.
Currently, the total assets held under Hong Kong Bitcoin ETFs amount to 4,940 BTC, with a daily trading volume of approximately USD 23 million and a total net asset value exceeding USD 282 million. Meanwhile, Hong Kong Ethereum ETFs hold a total of 12,590 ETH, with a daily trading volume of approximately USD 462,600 and a total net asset value exceeding USD 38.78 million.
Among these, the spot Bitcoin ETFs of ChinaAMC and Harvest Global, for which OSL serves as the virtual asset custodian and trading partner, hold approximately 2,100 BTC and 741.67 BTC, respectively. These holdings account for 58% of the market, with ChinaAMC’s Bitcoin ETF leading the market.
ETP / AUM (HKD in million)* | BTC ETF | ETH ETF |
ChinaAMC | 938.09 | 106.59 |
Harvest Global | 330.79 | 49.76 |
Other product issuers | 933.32 | 146.38 |
Total | 2202.2 | 302.73 |
*Data as of 12 July 2024 HKT (Source: HKEX)
Meanwhile, OSL Digital Securities has recently been awarded the “Best Digital Assets Service Provider” at the 2024 HFM Asia Services Awards, affirming OSL’s commitment to security, compliance, and innovation, and solidifying its position as a trusted leader in the global digital asset market.
As a pioneer in the digital asset revolution, OSL provides tailored services to meet the diverse needs of its clients. OSL’s superior service quality and operational standards are backed by SOC 2 Type 2 compliance and audits by Big Four accounting firms, setting new benchmarks for financial and operational standards in the digital asset industry.
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.
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