香港比特币 ETF：首次发行量较低，缺乏美国同行的炒作

香港新推出的比特币和以太坊 ETF 现货交易量惨淡，远远低于美国同行。这些 ETF 的总交易量仅为 1120 万美元，与美国同类 ETF 首次交易额的 46 亿美元形成鲜明对比。

Hong Kong's New ETFs: Lackluster Reception and Comparison to US Counterparts

香港新ETF：反响不佳以及与美国同行的比较

Hong Kong's foray into Bitcoin and Ethereum exchange-traded funds (ETFs) has encountered a subdued response, with trading volumes falling significantly short of their US counterparts. Upon their launch, the six spot Bitcoin and Ethereum ETFs garnered a meager HK$87.5 million ($11.2 million) in trading, a stark contrast to the $4.6 billion amassed by the inaugural trading of 11 spot Bitcoin ETFs in the United States.

香港进军比特币和以太坊交易所交易基金（ETF）的反应不佳，交易量明显低于美国同行。推出后，6 只现货比特币和以太坊 ETF 的交易额仅为 8750 万港元（1120 万美元），与美国 11 只现货比特币 ETF 首次交易的 46 亿美元形成鲜明对比。

Disappointing Launch for Hong Kong's ETFs

香港 ETF 的推出令人失望

Data from the Hong Kong Stock Exchange (HKEX) paints a picture of tepid performance and interest in the six ETFs managed by China Asset Management, Harvest Global, Bosera, and HashKey. Among them, the Bosera HashKey Bitcoin ETF struggled to generate any traction, recording a meager HK$249,000 in trading volume on its first day. Similarly, the Bosera HashKey Ether ETF closed the day with a lackluster result of HK$99,000. However, the China Asset Management (CAM) Bitcoin ETF and the CAM Ether ETF fared slightly better, attracting HK$4.6 million in trading volume each.

香港联交所（HKEX）的数据显示，华夏基金、嘉实环球、博时基金和HashKey管理的六只ETF的表现和兴趣不温不火。其中，Bosera HashKey 比特币 ETF 表现不佳，首日交易量仅为 249,000 港元。同样，Bosera HashKey 以太 ETF 当天收盘表现惨淡，收于 99,000 港元。然而，华夏基金（CAM）比特币ETF和CAM以太ETF表现稍好，各吸引了460万港元的交易量。

Hong Kong ETFs Trail US Counterparts

香港ETF落后于美国同类ETF

The overall trading volume of Hong Kong's new spot Bitcoin and Ethereum ETFs remains dwarfed by the first-day trading volume of their US counterparts. When US-based spot BTC ETFs launched in January, they raked in a colossal $655 million. Since then, nearly a dozen spot BTC ETFs have attracted close to $12 billion in investor funds. However, recent inflows have dwindled, contributing to a slowdown in Bitcoin's upward trajectory.

香港新推出的现货比特币和以太坊ETF的整体交易量与美国同类ETF的首日交易量相比仍然相形见绌。当美国的现货 BTC ETF 一月份推出时，它们赚得了 6.55 亿美元的巨额资金。此后，近十个现货 BTC ETF 吸引了近 120 亿美元的投资者资金。然而，最近的资金流入有所减少，导致比特币的上涨轨迹放缓。

Bitcoin Struggles Around $62,000

比特币挣扎在 62,000 美元左右

Bitcoin's price action over the past week has been characterized by volatility. The cryptocurrency kicked off the week with a positive surge, briefly exceeding $67,000. However, it failed to sustain this upward momentum and began a downward spiral, reaching a low of $60,700 on Monday. A brief recovery to $64,800 was followed by another setback, hindering any sustained rally.

过去一周比特币的价格走势具有波动性。加密货币本周伊始就大幅上涨，一度突破 67,000 美元。然而，它未能维持这种上涨势头，并开始螺旋式下跌，周一触及 60,700 美元的低点。短暂回升至 64,800 美元后又遭遇挫折，阻碍了任何持续的反弹。

Broader Crypto Market Impact

更广泛的加密货币市场影响

Bitcoin's price downturn has reverberated across the broader crypto market, leading to a 3% decline in the total market capitalization to $2.24 trillion over the past 24 hours. As of this writing, Bitcoin is trading at $61,207, indicating a slight decrease in price over the last day. Despite the decline, trading volume has surged by 39%, reaching a market capitalization of $1.2 trillion, according to Coinpedia.

比特币的价格下跌波及了更广泛的加密货币市场，导致过去 24 小时内总市值下跌 3%，至 2.24 万亿美元。截至撰写本文时，比特币交易价格为 61,207 美元，表明价格较前一天略有下跌。根据 Coinpedia 的数据，尽管出现下滑，但交易量仍飙升 39%，市值达到 1.2 万亿美元。

Conclusion

结论

Hong Kong's spot Bitcoin and Ethereum ETFs have failed to generate the fanfare that greeted their US counterparts. The tepid interest and low trading volumes suggest that investors remain cautious about investing in these new products. With Bitcoin's price movement currently facing headwinds, it remains to be seen whether the broader crypto market can regain its upward momentum.

香港的现货比特币和以太坊ETF未能像美国同行那样引起轰动。不温不火的兴趣和低交易量表明投资者对投资这些新产品仍持谨慎态度。由于比特币的价格走势目前面临阻力，更广泛的加密货币市场能否恢复上涨势头还有待观察。