OSL Partners Led 88% of Trading in Hong Kong's Spot Digital Asset ETFs
OSL partner issuers account for 93% & 70% of the Spot BTC & ETH ETFs turnover
(Hong Kong, 5 July 2024) – The Hong Kong ETF market has witnessed substantial growth from its launch in April 2024 , marked by impressive trading volumes and expanding assets under management (AUM). The spot Bitcoin (BTC) ETF recorded a turnover of HKD 1.14 billion, while the spot Ethereum (ETH) ETF achieved a turnover of HKD 33.76 million. This surge highlights the increasing investor interest and activity in digital asset ETFs in Hong Kong.
ETP / Turnover (HKD in millions)* | BTC ETF | ETH ETF |
ChinaAMC | 90.74 | 17.22 |
Harvest Global | 16.44 | 6.67 |
Bosera | 7.69 | 9.87 |
Total | 114.87 | 33.76 |
*Data as of 5 July 2024 15:58 HKT (Source: HKEX)
OSL Digital Securities, a leader in the regulated digital asset ecosystem and a member of OSL Group (863.HK), has supported the launch and growth of ChinaAMC's and Harvest Global’s inaugural spot BTC/ETH ETFs, which now account for 88% of the total turnover in spot digital asset ETFs in Hong Kong.
"OSL is continuing to drive the next phases of regulated digital asset innovations, including staking services and tokenised fund products." - Patrick Pan, Chairman of the Board & CEO of OSL
OSL's success as a leading ETF custodian and trading platform exemplifies its strategic vision and operational excellence. As the market continues to grow, OSL is dedicated to pioneering new solutions and maintaining its status as a trusted partner for digital asset investments.
About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors.
OSL Hong Kong delivers services across five core domains: OTC brokerage, Omnibus broker solutions, custody, wealth management, and retail services. The OTC brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite offers crypto investments to traditional investors, including tokenised treasuries, RWAs, structured crypto products, and quant investment strategies. Retail services bring institution-grade security and crypto access to professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Group adheres to its core concept: Open, Secure, and Licensed, empowering the next generation of global financial infrastructure. In addition to Hong Kong, OSL Group expands operations under full regulatory compliance in Japan, Australia, Europe and beyond.
For more information, visit osl.com.
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