Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin and Ethereum ETFs in Hong Kong diverge

Share This Post

Quick Take

Hong Kong ETFs

According to Farside data, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) experienced a divergence in flows on May 8. While Bitcoin (BTC) ETFs saw overall inflows, Ethereum (ETH) ETFs saw outflows.

HK Crypto ETF Flow Table: (Source: Farside)
HK Crypto ETF Flow Table: (Source: Farside)

Farside data shows that the BTC ETFs in HK attracted a combined inflow of $6.3 million on May 8. Bosera’s BTC ETF led the way with a $6.2 million inflow, bringing its total net inflows to $15.8 million. AMC’s BTC ETF saw a $0.1 million inflow, totaling $3.6 million in net inflows. Harvest’s BTC ETF did not register any inflow or outflow on the day, but its total net inflow is $6.5 million. Collectively, the BTC ETFs in HK have amassed $25.9 million in total net inflows.

In contrast, the ETH ETFs in HK faced outflows on May 8. Bosera’s ETH ETF saw an outflow of $0.9 million, bringing its total net inflows to $8.1 million. AMC’s ETH ETF experienced an outflow of $0.8 million, totaling $2.2 million in net outflows. Harvest’s ETH ETF recorded a $0.2 million outflow, taking its total net outflow to $0.2 million. According to Farside data, the ETH ETFs in HK have seen a net inflow of $5.7 million.

Farside data indicates that the collective net inflows into BTC and ETH ETFs in HK have reached $31.6 million.

US ETFs

On May 8, activity was relatively subdued in the United States. Bitwise’s BITB ETF was the only one to register an inflow of $11.5 million, bringing its total net inflow to $1,759.6 billion. All other US ETFs saw no inflows or outflows. According to Farside data, the total net inflows for US ETFs stand at $11,778.2 billion.

US BTC ETF Data: (Source: Farside)
US BTC ETF Data: (Source: Farside)

The post Bitcoin and Ethereum ETFs in Hong Kong diverge appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Dogecoin Bollinger Squeeze Signals ‘Huge Move’ Ahead, Analyst Warns

In a fresh 12-hour chart shared on X, independent technician Cantonese Cat (@cantonmeow) underscores what he calls a “Bollinger Band squeeze” on Dogecoin, hinting that volatility could be about

Bitcoin Price Watch: Bulls Target $108K Breakout to Unlock Higher Highs

Bitcoin is trading at $106,724, reflecting a resilient uptrend amid considerable intraday volatility With a market capitalization of $2117 trillion and a 24-hour trading volume of $3743 billion,

Bitcoin Nears All-Time Highs, But Retail Interest Still Remains Low

The post Bitcoin Nears All-Time Highs, But Retail Interest Still Remains Low appeared first on Coinpedia Fintech News Bitcoin is racing fast toward its all-time high of $109,111, with prices surging

OpenAI to drop confusing model naming with release of GPT-5

OpenAI will begin phasing out its current system of naming foundation models, replacing the existing “GPT” numerical branding with a unified identity under the forthcoming GPT-5 release The

Best Altcoins to Buy Now Before Ethereum Skyrockets to $10K in 2025 

The post Best Altcoins to Buy Now Before Ethereum Skyrockets to $10K in 2025  appeared first on Coinpedia Fintech News The next crypto bull run is building momentum, and Ethereum (ETH) is at the

Aave Price Prediction 2025, 2026 – 2030: Will AAVE Price Hit $500 In 2025?

The post Aave Price Prediction 2025, 2026 – 2030: Will AAVE Price Hit $500 In 2025 appeared first on Coinpedia Fintech News Story Highlights The live price of the AAVE token is AAVE price