TechFlow reported, according to SoSo Value data, Hong Kong's spot Bitcoin ETFs saw a net redemption of 519.5 BTC on May 13, holding a total of 3,560 BTC with a daily trading volume of $4.25 million and total net assets under management (AUM) of $219 million. Hong Kong’s spot Bitcoin ETFs have now recorded three consecutive days of net redemptions. In terms of AUM, CSOP leads with 1,690 BTC, followed by Bosera Hashkey and Harvest holding 989.93 BTC and 881.18 BTC respectively.
Additionally, Hong Kong’s spot Ethereum ETFs experienced a net redemption of 2,270 ETH on May 13, holding a total of 13,350 ETH with a daily trading volume of $726,000 and total net assets of approximately $39.12 million. In terms of asset size, Bosera Hashkey ETF holds 6,300 ETH, ranking first, while CSOP and Harvest hold 4,670 ETH and 2,390 ETH respectively.
(Note: Hong Kong crypto ETFs support a physical creation and redemption mechanism. Net subscription refers to the scenario where the amount subscribed exceeds the amount redeemed during a given period—i.e., more buying than selling—while the opposite is referred to as net redemption.)
