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

• Following the launch of Spot Bitcoin and Ether ETFs in Hong Kong, ChinaAMC’s IOP scale totals approximately $142 million.
• 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.
• ChinaAMC executive Zhu Haokang has been confident that the company’s fund will be the largest issuer among the three in terms of size.

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.

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. https://t.co/9hgicVWsKc

— Wu Blockchain (@WuBlockchain) April 30, 2024

With the debut of Spot Bitcoin and Ether ETFs in Hong Kong, the demand for exchange-traded funds is evident. Wu’s …

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