TechFlow reports, according to Hong Kong media, that Hong Kong's virtual asset ETFs have reached a total asset management value of $266 million since their listing two weeks ago. Recently, Jiang Zhaosheng, Senior Researcher at OKLink Research Institute, stated on the program "Web3 Relative Theory" that Hong Kong currently plays more of a "connecting point" and "bridge" role in the virtual asset space. Whether it is bringing virtual asset cash-in/cash-out channels such as VATP, stablecoins, and VAOTC under regulatory oversight, or accelerating the integration between traditional finance and virtual assets through tokenization and ETFs, Hong Kong is enhancing its connectivity attributes through various initiatives, thereby improving security and compliance for virtual assets.
As the virtual asset ETF market trading gradually matures, Jiang Zhaosheng advised investors to use on-chain data to assess actual market conditions and trends. For example, tools like the OKLink blockchain explorer can be used to examine inflows and outflows from fund companies' wallet addresses, helping analyze supply-demand dynamics, shifts in market sentiment, and the impact of spot ETF-related capital injections on-chain—information not otherwise publicly available.
