Fast Take
Hong Kong ETFs
In line with Farside information, the digital asset exchange-traded funds (ETFs) market in Hong Kong (HK) skilled a divergence in flows on Might 8. Whereas Bitcoin (BTC) ETFs noticed total inflows, Ethereum (ETH) ETFs noticed outflows.
Farside information exhibits that the BTC ETFs in HK attracted a mixed influx of $6.3 million on Might 8. Bosera’s BTC ETF led the best way with a $6.2 million influx, bringing its complete internet inflows to $15.8 million. AMC’s BTC ETF noticed a $0.1 million influx, totaling $3.6 million in internet inflows. Harvest’s BTC ETF didn’t register any influx or outflow on the day, however its complete internet influx is $6.5 million. Collectively, the BTC ETFs in HK have amassed $25.9 million in complete internet inflows.
In distinction, the ETH ETFs in HK confronted outflows on Might 8. Bosera’s ETH ETF noticed an outflow of $0.9 million, bringing its complete internet inflows to $8.1 million. AMC’s ETH ETF skilled an outflow of $0.8 million, totaling $2.2 million in internet outflows. Harvest’s ETH ETF recorded a $0.2 million outflow, taking its complete internet outflow to $0.2 million. In line with Farside information, the ETH ETFs in HK have seen a internet influx of $5.7 million.
Farside information signifies that the collective internet inflows into BTC and ETH ETFs in HK have reached $31.6 million.
US ETFs
On Might 8, exercise was comparatively subdued in the US. Bitwise’s BITB ETF was the one one to register an influx of $11.5 million, bringing its complete internet influx to $1,759.6 billion. All different US ETFs noticed no inflows or outflows. In line with Farside information, the full internet inflows for US ETFs stand at $11,778.2 billion.
