Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management

Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management

BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets

Source: CryptoNews Asset manager Hashdex has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the first-ever spot Exchange-Traded Fund (ETF) tracking multiple digital assets. The proposed ETF aims to provide investors with diversified exposure to numerous digital assets. The final deadline for SEC approval will be March 2025, noted James… Continue reading Hashdex Files S1 With SEC for First Spot ETF Tracking Multiple Digital Assets

SDAX launches first-of-its-kind securitised gold tokens

Source: The Edge Singapore Singapore-based digital assets exchange SDAX has partnered with Oman’s Muscat Precious Metals Refining Company to launch a tokenised gold product on its platform. The MPMT Gold Token allows investors to acquire gold tokens in a securitised form, issued by an independent trust and backed by physical gold bullion held in vaults… Continue reading SDAX launches first-of-its-kind securitised gold tokens