FalconX Research Director: Hong Kong cryptocurrency ETF AUM is expected to reach 1 billion USD by the end of the year
ChainCatcher news, according to DL News, David Lawant, the research director of institutional digital asset broker FalconX, has not given up on predicting the future development of cryptocurrency ETFs in Hong Kong. He stated that it is common for ETF inflows to slow down after launch and then gradually increase over time, especially during periods of low market volatility, which has been highlighted in recent months.
Currently, the asset management scale of Bitcoin and Ethereum spot ETFs in Hong Kong is $290.6 million, far less than that of similar ETFs in the United States (nearly $57 billion). On some trading days, these six funds even had no net inflows.
However, Lawant believes that the prediction for Hong Kong ETFs to reach an asset scale of $1 billion by the end of this year is still possible. "Reaching this goal by the end of 2025 may be more realistic. However, considering the fast-paced nature of cryptocurrencies, I would not completely rule out the above possibility," Lawant added.
He also stated, "Compared to what we see in other countries/regions, this number will definitely seem small. But considering the scale of the Asian market and its importance to the entire crypto ecosystem, I believe it has the potential to go higher."
