Data: The Hong Kong Ethereum ETF has shown net redemptions or net flows of zero for 9 consecutive trading days. This morning, it briefly showed a positive premium and trading volume increased

2024-05-21 11:16:09
Collection

ChainCatcher news, according to SoSo Value data, the net flow of the Hong Kong Ethereum spot ETF was zero yesterday (May 20), with a total holding of 1,332 Ethereum, a daily trading volume of $243,000, and total net assets of $41.14 million. Over the past 9 trading days since May 7, the Hong Kong Ethereum ETF has shown either zero net flow or net redemptions.

In terms of asset scale, the Bosera Hashkey ETF holds 6,300 Ethereum, ranking first, while the Huaxia and Harvest ETFs hold 4,640 and 2,390 Ethereum, respectively. In terms of intraday premium/discount rates, the Bosera HashKey ETF and Harvest ETF briefly showed positive premium rates this morning, while trading volume increased. As of the time of writing, the total intraday trading volume has exceeded $1.489 million, with the Huaxia Ethereum ETF reaching $883,000, surpassing yesterday's total trading volume.

At the same time, as of the time of writing, the market prices for Huaxia Ether (3046.HK), Harvest Ether (3179.HK), and Bosera Ether (3009.HK) are currently quoted at HKD 9.01, HKD 9.05, and HKD 28.74, respectively, with intraday gains exceeding 19%.

(Note: A net flow of zero for ETFs is normal, indicating a balance between buy and sell quantities. Bloomberg ETF analyst James Seyffart pointed out that out of approximately 3,500 U.S. ETFs, 2,903 had zero net flow on a given day.)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators