Hong Kong Bitcoin & Ethereum ETFs: Bosera Hashkey Holds 964 BTC & 4.29K ETH

Hong Kong Bitcoin & Ethereum ETFs: Bosera Hashkey Holds 964 BTC & 4.29K ETH

The much-awaited Hong Kong spot Bitcoin & Ethereum ETFs finally commenced their journey on Tuesday, April 30, marking a monumental achievement following the U.S.’ commencement of BTC ETF trading. However, the crypto-backed exchange-traded funds kicked off to a dull start in Hong Kong, recording only $12 million in trading volume on the first day. 
This has stirred a whirlpool of speculation among Asian crypto market participants, who are speculating over the potential success of these exchange-traded funds in the near future. Amidst this flurry of speculations, Bosera Hashkey, one of the ETF service providers in Hong Kong, nabbed significant attention with its colossal BTC and ETH holdings.
Arkham Reveals Bosera HashKey’s BTC & ETH Holdings
Notably, data revealed by Arkham, a blockchain analytics platform, illustrated Bosera Hashkey ETFs hold a staggering 964 BTC, worth $59 million, and 4.29K ETH, worth $12.94 million. This colossal amount undermined today’s trading volu

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