Ethereum
Hong Kong Ethereum ETF sees low activity
Although Ethereum has seen a recent surge in popularity, the Hong Kong spot ETF had a modest net subscription of just 62.8 ETH on May 22. The total single-day trading volume was $390,300, indicating extremely low participation levels. This contrasts with the broader enthusiasm for Ethereum, highlighting the gap between global interest and local investment activity in the Hong Kong ETF market. The low numbers also suggest potential challenges or a lack of investor confidence in this specific ETF offering.