ChainCatcher news, Hong Kong Stock Exchange announced that the ETP (Exchange Traded Products) market, including ETFs (Exchange Traded Funds) and leveraged and inverse products, has ushered in a wave of new product listings this year. Hong Kong's thematic ETF market has also continued to diversify. New ETFs investing in different fields such as artificial intelligence and automation, digital payments, Web3, etc. have been launched one after another this year. The most eye-catching newly listed ETP is Asia's first Bitcoin inverse product. This inverse product was listed on the Hong Kong Stock Exchange in July to provide investors with a new tool to capture Bitcoin price changes.
With the listing of Asia’s first six virtual asset spot ETFs in Hong Kong in April, together with Asia’s first three virtual asset futures ETFs listed in December 2022 and January 2023, the market capitalization of Hong Kong’s virtual asset ETF market has grown to more than HK$3.2 billion at the end of August. There are currently ten virtual asset ETPs available on the Hong Kong Stock Exchange.
