Hong Kong’s spot bitcoin and ether ETFs experience largest net daily outflows since debut

Hong Kong’s six spot bitcoin and ether exchange-traded funds recorded their largest net outflows on Monday since debuting on April 30.

ChinaAMC’s spot bitcoin ETF led the outflows with 251.65 BTC leaving the product, followed by Harvest’s outflow of 147.86 BTC and Bosera HashKey’s 119.99 BTC. The three ETFs held about 3,560 BTC as of Monday, with total net assets shrinking to $219.7 million, compared to Friday's $262.7 million, according to SosoValue.

Source: Digital Coin News (digitalcoinnews.net)

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