OSL executives: The Hong Kong cryptocurrency spot ETF will achieve "significant growth" in 2025

2024-12-24 20:02:25

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ChainCatcher news, OSL Managing Director Ryan Miller stated that the trading volume and inflows of cryptocurrency ETFs in Hong Kong are expected to see "significant growth."

He indicated that the positive sentiment globally and locally will make the activities of these funds more active. The favorable stance of the new U.S. government towards the crypto industry, along with interest rate cuts, has had a positive impact on global sentiment and cryptocurrency prices. The Hong Kong government is also continuing to promote crypto-friendly regulatory measures and has introduced initiatives such as tax exemptions on cryptocurrency investment gains for hedge funds and private equity firms. Therefore, the trading volume and inflows of cryptocurrency ETFs in Hong Kong are expected to see "significant growth."

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