OKLink: Hong Kong Web3 "connection" attributes highlighted, on-chain data becomes key in the investment market
ChainCatcher news, according to Hong Kong media reports, since the listing of virtual asset ETFs in Hong Kong two weeks ago, the total assets under management have reached 266 million USD. Recently, Jiang Zhaosheng, a senior researcher at OKLink Research Institute, stated in the "Web3 Relativity" program that Hong Kong currently plays more of a "connecting point" and "bridge" role in the virtual asset field. Whether it is incorporating the entry and exit channels of virtual assets such as VATP, stablecoins, and VAOTC into regulation, or accelerating the integration of traditional finance and virtual assets through tokenization and ETFs, Hong Kong is strengthening its "connecting" attributes through various measures to enhance the security and compliance of virtual assets.As the trading of virtual asset ETFs gradually improves, Jiang Zhaosheng suggests that investors use on-chain data to assess the actual market conditions and trends. For example, tools like the OKLink blockchain explorer can be used to check the inflow and outflow of holdings from various fund companies, allowing for the analysis of the supply and demand dynamics and changes in market sentiment, as well as the impact of the incremental funds brought by spot ETFs on prices and other non-public information.