(Hong Kong, 29 April 2024) – As anticipation builds for the launch of Hong Kong's first spot Bitcoin (BTC) and Ethereum (ETH) ETFs, OSL, a leading licensed digital asset platform and a core entity of OSL Group (863.HK), today shared insights from its comprehensive “Hong Kong Spot Crypto ETFs Investor Sentiment Survey”. Gathering responses from a wide range of local investors over seven days, the survey illuminates investor enthusiasm and expectations ahead of this groundbreaking financial development.
Key Findings:
A robust 97.1% of respondents have previously invested in digital assets, indicating a deep-rooted familiarity with BTC and ETH among the participants.
An impressive 95.2% of respondents are aware of the upcoming launch of spot BTC/ETH ETFs in Hong Kong.
76.9% of those surveyed expressed their intention to include spot BTC/ETH ETFs in their investment portfolios. Among them, 54.8% plan to invest in both BTC and ETH ETFs, while the percentage of investing only in the ETH ETF is merely 1.9%.
An overwhelming 98% of respondents believe that the launch of Hong Kong’s spot BTC/ETH ETFs will positively impact the prices of BTC and ETH.
Gary Tiu, Executive Director and Head of Regulatory Affairs of OSL remarked, “The enthusiastic response from investors regarding both BTC and ETH ETFs reflects a deep-seated optimism about the potential of these products to enhance the financial landscape. This positive investor sentiment powerfully points to the growing acceptance and importance of digital assets in the region’s economy, and Hong Kong is once again marking its place as the digital asset hub.”
Balanced Investor Enthusiasm Bolsters Hong Kong's Role as a Premier Digital Asset Hub
The survey underscores a significant and balanced interest in both BTC and ETH ETFs among investors. This equal enthusiasm for both of these large-cap tokens highlights their perceived equal investment potential. Such findings are not only indicative of a mature understanding of the diverse opportunities within the digital assets market but also signal strong investor confidence in these new financial instruments. This readiness to engage with both BTC and ETH ETFs suggests a promising horizon for the broader adoption of digital assets in Hong Kong, reinforcing the city’s strategic position as a burgeoning digital asset hub in Asia-Pacific.
Patrick Pan, Chairman of the Board & CEO of OSL, commented, 'The positive response from potential investors reinforces the vital role OSL plays as the first virtual asset trading partner and sub-custodian for two out of the three product issuers in Hong Kong. Our unwavering commitment to regulatory compliance and operational excellence ideally positions us to support these innovative investment vehicles. As we gear up for the launch, we are excited to continue setting benchmarks in the digital asset market and anticipate the upcoming bull market wave with confidence.”
With the imminent introduction of spot BTC and ETH ETFs, OSL is at the forefront of fostering a transformative shift in Hong Kong’s investment landscape. These ETFs promise to cater to the evolving needs of modern investors, setting new standards for transparency and accessibility in the financial sector.
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, combining regulatory compliance with cutting-edge blockchain technology.
OSL Hong Kong delivers services across five core domains: brokerage, omnibus solutions, custody, wealth management, and exchange. The 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 includes innovative products such as tokenised money market fund, with parallel exchange services ensuring compliant market access for professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Hong Kong adheres to the “Open, Secure, Licensed” principles, serving as a cornerstone of Asia’s regulated digital asset ecosystem. In addition, OSL leads with compliance-first expansion—now in Japan, Australia, and beyond—delivering secure, tailored solutions worldwide.
For more information, visit osl.com.
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