Hong Kong Virtual Asset Investment Boom: ETF Size Grows 33% in One Year, Tokenized Funds Surge 557%

【BlockBeats】Hong Kong Securities and Futures Commission’s latest quarterly report reveals an interesting phenomenon—more and more people are starting to invest in virtual assets through compliant channels.

The data is quite eye-catching as soon as it comes out. By the end of November, the total scale of virtual asset spot ETFs approved by the SFC increased by 33% year-on-year to HKD 5.47 billion, with the number of products expanding from 8 last year to 11 now. What does this indicate? It shows that both institutions and retail investors are seeking safer, more regulated ways to enter the market.

Even more impressive is the tokenization products. Since their launch earlier this year, the assets under management for approved retail money market funds have surged by 557% in just a few months, reaching HKD 5.48 billion, and the number of funds has increased from 0 to 8. This rapid growth is quite extraordinary—indicating that retail market enthusiasm for such innovative products is really high.

Of course, regulators haven’t been idle. The SFC and the Hong Kong Monetary Authority jointly issued risk alerts as early as August, especially warning about the market volatility associated with stablecoins. This shows that while promoting innovation in virtual asset products, regulators are also carefully managing risks—adopting a stance that is both open and cautious.

From these data, it’s clear that Hong Kong is making real progress in the development of virtual asset investment products, with increasingly diverse compliant channels and more options for investors.