Million

<ul class="news-points">
 <li><strong>Following the launch of Spot Bitcoin and Ether ETFs in Hong Kong, ChinaAMC’s IOP scale totals approximately $142 million.</strong></li>
 <li><strong>The IOP scale of the ChinaAMC Hong Kong Bitcoin ETF today is HK$950 million, and the ChinaAMC Ethereum ETF’s is HK$160 million.</strong></li>
 <li><strong>ChinaAMC executive Zhu Haokang has been confident that the company’s fund will be the largest issuer among the three in terms of size.</strong></li>
</ul>
<p>Fund management company ChinaAMC has reportedly exhibited a remarkable IOP (initial offering period) scale, totaling approximately US$142 million. As per Chinese crypto reporter Colin Wu’s X post on Wu Blockchain page, ChinaAMC Hong Kong Bitcoin ETF’s IOP scale today is HK$950 million, while the IOP scale for ChinaAMC Ethereum ETF is HK$160 million.</p>
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   <p lang="en" dir="ltr">ChinaAMC said its IOP (initial offering period) scale today is: HK$950 million for ChinaAMC HongKong Bitcoin ETF; HK$160 million for ChinaAMC Ethereum ETF, totaling approximately US$142 million. Bitcoin ETF is about 6x larger than Ethereum. <a href="https://t.co/9hgicVWsKc" target="_blank" rel="noopener noreferrer nofollow">https://t.co/9hgicVWsKc</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1785160219276071016?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 30, 2024</a>
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<p>With the<a href="https://www.hkex.com.hk/Market-Data/Securities-Prices/Exchange-Traded-Products/Exchange-Traded-Products-Quote?sym=3008&amp;sc_lang=en" target="_blank" rel="noopener noreferrer nofollow"> debut of Spot Bitcoin and Ether ETFs in Hong Kong</a>, the demand for exchange-traded funds is evident. Wu’s …</p>
<p>The post <a href="https://coinedition.com/chinaamcs-bitcoin-and-ether-etfs-excel-iop-totals-142-million/" rel="noopener noreferrer nofollow">ChinaAMC’s Bitcoin and Ether ETFs Excel: IOP Totals $142 Million</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

ChinaAMC’s Bitcoin and Ether ETFs Excel: IOP Totals $142 Million

Coin Edition

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