HKD 2.4 Billion AUM Highlights Strong Market Entry for Newly Launched Spot Crypto ETFs in Hong Kong
The
inaugural
week
of
the
newly
launched
ETFs
has
exceeded
all
projections,
with
asset
under
management
(AUM)
surpassing
HKD2.4
billion
as
of
6
May,
a
testament
to
the
strong
investor
interest
and
confidence
in
the
market.
This
milestone
highlights
the
successful
fusion
of
traditional
financial
systems
with
cutting-edge
digital
asset
solutions,
showcasing
the
evolution
and
maturity
of
Hong
Kong’s
digital
finance
landscape.
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OSL
Digital
Securities,
a
prominent
licensed
digital
asset
platform
and
a
core
entity
of
OSL
Group
(863.HK),
has
been
entrusted
as
the
virtual
asset
trading
platform
and
sub-custodian
for
both
ChinaAMC’s
and
Harvest
Global’s
inaugural
spot
BTC/ETH
ETFs,
which
surpasses
76%
of
the
total
market
shares.
This
achievement
reflects
OSL’s
recognized
leadership
and
expertise
in
the
digital
asset
industry,
reinforcing
its
pivotal
role
in
facilitating
the
growth
and
security
of
the
market.
OSL’s
CEO
–
“Bridging
today’s
finance
with
tomorrow’s
Web
3.0”
Patrick
Pan,
Chairman
of
the
Board
&
CEO
of
OSL,
remarked,
“In
collaboration
with
the
industry’s
finest
ETF
managers,
we
have
successfully
launched
four
innovative
spot
BTC/ETH
ETF
products
in
one
of
the
world’s
most
dynamic
ETF
markets.
Together,
we
have
addressed
some
of
the
most
intricate
challenges
of
our
industry—regulated
digital
asset
custody,
ensuring
stable
liquidity,
and
bridging
traditional
financial
markets
with
the
speed
of
on/off-chain
operations.
Today
marks
a
significant
step
towards
merging
contemporary
finance
with
the
future
of
Web
3.0.”
Looking
forward,
OSL
is
optimistic
about
the
continued
growth
and
influence
of
these
ETFs.
The
successful
launch
also
sets
the
stage
for
further
innovations
and
market
expansion.
This
landmark
development
is
expected
to
boost
market
activity
and
attract
further
investment,
driving
forward
Hong
Kong’s
ambition
to
be
at
the
forefront
of
the
digital
asset
revolution.
END
About
OSL
Backed
by
Asia’s
leading
public
fintech
and
digital
asset
company,
OSL
Group
(863.HK),
formerly
BC
Technology
Group,
OSL
is
the
world’s
first
SFC-licensed
and
insured
digital
asset
platform.
Founded
in
2018,
OSL
has
an
established
history
in
the
sector
and
is
recognised
by
many
as
the
leader
in
providing
comprehensive
regulated
and
licensed
digital
asset
solutions.
OSL
offers
Markets
services
(brokerage,
exchange,
and
custody)
and
SaaS
technology
solutions,
which
deliver
institutional
clients
in
addition
to
professional
and
retail
investors
access
to
global
liquidity
through
its
best-in-class
digital
asset
platform.
OSL’s
secured
and
insured
hot
and
cold
wallet
infrastructure
also
ensures
the
safekeeping
of
digital
assets
with
timely
transaction
settlements.
As
the
digital
asset
industry
continues
to
evolve,
so
does
OSL.
OSL’s
simple
and
tailored
approach
compliantly
navigates
international
clients
through
the
evolving
digital
assets
environment.
For
more
information,
visit: https://group.osl.com/
Press
enquiries
Disclaimer: The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
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