In today's digital currency market, the net inflows of Hong Kong's Bitcoin and Ethereum ETFs face severe challenges and are difficult to make up for the sales pressure in the United States. Despite the market turmoil, the trading volume is much lower than that in the United States, which has attracted widespread attention. Let's delve into this issue and understand the underlying factors and influences.

First, let's look at the net inflows of Hong Kong's Bitcoin and Ethereum ETFs. Although the digital currency market has been booming, Hong Kong's net inflows are difficult to compare with those in the United States. As an important member of the global financial market, the sales pressure and market size of the United States have undoubtedly had a greater impact on Hong Kong's digital currency ETFs. In this case, Hong Kong's net inflows are limited and it is difficult to dominate the global market.

In the process of solving this problem, Hong Kong's Bitcoin and Ethereum ETFs can learn from the experience of the US market and strengthen cooperation and exchanges with the international market. By interacting with other digital currency markets around the world, Hong Kong can learn from their advantages, optimize its own trading mechanisms and processes, and enhance market competitiveness. In addition, strengthening market supervision and investor protection is also an important measure to enhance the attractiveness of Hong Kong's digital currency market.

In general, the net inflow problem of Hong Kong's Bitcoin and Ethereum ETFs does not exist in isolation, but is the result of a combination of factors. Only by comprehensively analyzing the current market situation and digging deep into the root causes of the problem can we find an effective solution. As an Asian financial center, Hong Kong has unique advantages and potential. I believe that with the joint efforts of all parties, Hong Kong's digital currency market will usher in a more prosperous future.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120bTC.coM): Hong Kong's recent launch of Bitcoin and Ethereum ETFs has attracted widespread attention. Despite the initial excitement, these new members do not seem to be enough to offset the selling pressure from US ETFs.

Hong Kong trading volume is much lower than the United States

The debut of Hong Kong's spot Bitcoin ETF was overshadowed by the heavy selling activity of similar funds in the United States.

On the first day of trading of Hong Kong ETFs, only more than $12 million of trading volume, including BTC and ETFs, was insignificant compared to the $4.6 billion on the first day of US ETFs, reflecting the smaller size of the Hong Kong market. The trading volume on 5/2 was 33.14 million Hong Kong dollars (4.24 million US dollars), and the stock price fell by more than 7%.

Hong Kong ETFs have a smaller inflow

CoinShares researchers inferred the net inflow of ETFs through the net inflow of assets in the Hong Kong Stock Exchange in the past week: $217 million.

On April 30 and May 1 alone, US ETFs outflowed $160 million and $560 million.

Industry hopes to follow suit in other countries

Market analysts believe that although Hong Kong's ETFs represent a critical moment, their current impact is limited. Industry insiders are counting on the influence of the surrounding: DFG CEO James Wo said that because other Asian markets may follow Hong Kong's lead, these ETFs could promote long-term price increases.

Although Hong Kong's entry into the cryptocurrency ETF market is historic, its immediate effect has not been as transformative as some hoped. The continued dominance of US ETFs and the inherent volatility of the cryptocurrency market suggest that the community should balance their expectations with cautious optimism. As the global financial technology landscape continues to develop, these diverse market interactions will undoubtedly play a key role in shaping the future trajectory of cryptocurrency prices.

Secondly, we need to pay attention to the issue of trading volume. Although Hong Kong has a long history and rich experience in the field of digital currency, its trading volume is much lower than that of the United States. This may be related to the number of market participants and trading habits. As a global financial center, the United States has a large group of digital currency investors, and their trading activities cannot be ignored. In contrast, although Hong Kong's trading volume has increased, it still needs to be further improved to compete with the US market.