Hong Kong SFC Says Virtual Asset Spot ETFs Reached HK$5.4 Billion

According to Hong Kong’s Securities and Futures Commission, 11 virtual asset spot ETFs listed since 2024 grew 142% to more than HK$5.4 billion, while tokenized retail money market funds reached HK$8.66 billion by December.

43d ago

Summary

Hong Kong’s Securities and Futures Commission said the 11 virtual asset spot ETFs listed since 2024 have reached a total market value of more than HK$5.4 billion, representing a 142% increase from launch. The regulator also said tokenized retail money market funds grew to HK$8.66 billion in assets by December, up 14% quarter over quarter. Separately, the SFC said it joined the Hong Kong Police Force’s virtual asset intelligence task force, signaling closer coordination on oversight and intelligence related to virtual assets.

Terms & Concepts

Virtual asset spot ETF: An exchange-traded fund that holds crypto assets directly, giving investors market exposure through a regulated stock-market product.
Tokenized retail money market funds: Money market funds whose ownership is represented using blockchain-based tokens, allowing traditional low-risk fund products to be issued in tokenized form.
SFC: The Securities and Futures Commission of Hong Kong, the city’s financial regulator for securities, futures, and certain virtual asset activities.