Hong Kong Bitcoin ETFs Hit by Record Outflows; $32M Withdrawn in 1 Day

Hong Kong’s six spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced their largest net outflows of $38 million on Monday since their inception on April 30. The trio of spot Bitcoin ETFs, managed by China Asset Management (ChinaAMC), Harvest, and the partnership of Bosera and HashKey, witnessed a substantial outflow of 519.5 BTC on Monday, The post Hong Kong Bitcoin ETFs Hit by Record Outflows; $32M Withdrawn in 1 Day appeared first on Coin Edition .