net redemption

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

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.)

Data: The total subscription volume for the Hong Kong Bitcoin ETF yesterday was 101.6 units, while the Ethereum ETF has shown net redemptions for two consecutive days

ChainCatcher news, according to SoSo Value data, the Hong Kong Bitcoin spot ETF had a net purchase of 101.6 Bitcoins yesterday (May 8), with a total Bitcoin holding of 4,350 Bitcoins, a daily trading volume of $2.67 million, and a total net asset value of $270 million. The daily BTC purchase volume came from Bosera HashKey and Huaxia Bitcoin ETFs.In terms of intraday premium/discount rates, the Huaxia Bitcoin ETF, Bosera HashKey Bitcoin ETF, and Jiashan Bitcoin ETF showed intraday discount rates of -0.55%, -0.03%, and 0.01%, respectively. The Huaxia ETF holds 2,020 BTC, ranking first, while Bosera HashKey and Jiashan ETFs hold 1,220 BTC and 1,110 BTC, respectively.Additionally, the Hong Kong Ethereum spot ETF had a net redemption of 644.78 ETH yesterday (May 8), with a total Ethereum holding of 16,100 ETH and a total daily trading volume of $1.73 million, with a total net asset value of approximately $4.835 million. It is worth noting that the Hong Kong Ethereum spot ETF has shown net redemptions for two consecutive days. Currently, the Bosera HashKey ETF holds 6,500 ETH, ranking first, while Huaxia and Jiashan ETFs hold 5,700 ETH and 3,900 ETH, respectively. (Note: Hong Kong crypto ETFs support a spot subscription and redemption mechanism, where net purchases refer to a positive difference between the subscription amount and redemption amount over a certain period, meaning more buying than selling; conversely, it indicates net redemptions.)
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