Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors

Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors


The Hong Kong-listed spot crypto ETFs saw huge outflows on Monday, data from Farside Investors shows. Investors pulled nearly $40 million out of the six spot bitcoin and ether ETFs on the first day of the week.

The Hong Kong-listed spot bitcoin and ether exchange-traded funds (ETFs) saw heavy outflows on Monday following bitcoin’s drop below $61,000 on Friday.

The spot bitcoin ETFs from issuers ChinaAMC, Harvest Global, as well as Bosera and Hashkey, saw a combined $32.7 million outflows on Monday, according to data from Farside Investors. This number is significantly higher than previous outflows, which hovered around the $6 million mark.

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