ChainCatcher news, according to the Hong Kong stock market, as of 16:00 UTC+8, the total trading amount of the first batch of 6 Bitcoin and Ethereum spot ETFs launched in Hong Kong exceeded 87.61 million HKD.Among them, the Bosera HashKey Bitcoin ETF (3008.HK) had a trading amount of 12.45 million HKD, the Bosera HashKey Ethereum ETF (3009.HK) reached 2.49 million HKD, the Huaxia Bitcoin ETF (3042.HK) amounted to 37.17 million HKD, the Huaxia Ethereum ETF (3046.HK) reached 12.66 million HKD, the Harvest Bitcoin Spot ETF (3439.HK) had a trading amount of 17.89 million HKD, and the Harvest Ethereum Spot ETF (3179.HK) reached 4.95 million HKD.

According to ChainCatcher news, as shown on the Hong Kong Stock Exchange official website, as of 10:30 UTC+8 (one hour after opening), the total trading amount of the first batch of 6 Bitcoin and Ethereum spot ETFs launched in Hong Kong exceeded 37 million HKD.Among them, the Bosera HashKey Bitcoin ETF (3008.HK) had a trading amount of 1.74 million HKD, the Bosera HashKey Ethereum ETF (3009.HK) reached 1.13 million HKD, the Huaxia Bitcoin ETF (3042.HK) amounted to 18.06 million HKD, the Huaxia Ethereum ETF (3046.HK) reached 9.73 million HKD, the Harvest Bitcoin Spot ETF (3439.HK) had a trading amount of 4.78 million HKD, and the Harvest Ethereum Spot ETF (3179.HK) reached 1.63 million HKD.

ChainCatcher news, according to Bloomberg, Bitcoin investors in the Asian market are facing significant volatility, possibly due to automated trading protocols reacting to the fund flow data of U.S. ETFs holding cryptocurrencies.It is reported that the demand levels for these Bitcoin spot ETFs are disseminated throughout the cryptocurrency market during the Asian session after the U.S. stock market closes. On Tuesday, as fund flow data indicated that investors were pulling out, digital assets experienced their largest drop in a month."From an algorithmic trading perspective, robots can automatically crawl and trade based on this data," said Shiliang Tang, president of Arbelos Markets. "It seems that this is what is happening."