The post Hong Kong Ethereum ETF Records Low Activity appeared first on Coinpedia Fintech News
Although Ethereum has recently witnessed a surge in popularity, the Hong Kong spot ETF had a modest net subscription of only 62.8 ETH on May 22. The total volume of single-day transactions was $390,300, indicating severely low levels of participation. This contrasts with the broader enthusiasm for Ethereum, highlighting the discrepancy between global interest and local investment activity in the Hong Kong ETF market. The low figures also suggest potential challenges or a lack of investor confidence in this specific ETF offering.