TechFlow news, according to SoSo Value data, Hong Kong's spot Bitcoin ETFs experienced their first net redemption since trading began on April 30. On May 6, there was a single-day net outflow of 75.36 BTC, bringing total Bitcoin holdings to 4,150 BTC. The daily trading volume reached $8.6 million, with total net assets amounting to $266 million.
In addition, Hong Kong's spot Ethereum ETFs have recorded four consecutive trading days of net inflows. Yesterday saw a single-day net purchase of 999.75 ETH, increasing total Ethereum holdings to 17,280 ETH. The daily trading volume was $1.8 million, with total net assets reaching $54.87 million. (Note from SoSoValue: Hong Kong crypto ETFs support spot subscription and redemption mechanisms. Net inflow refers to a positive difference between subscription and redemption amounts over a given period—i.e., more buying than selling—while a negative difference is termed net outflow.)
