The trading volume of spot BTC&ETH ETFs in Hong Kong recorded 11m USD.

Source: Coindesk

Congratulations 🎉 Finally, it started trading 👏 It seems that 11m USD is a soft launch. I expect time goes by, the volume will be increasing more. It's just a first day, I'm not worried about this fall. It's matter of time.

I'm looking forward to the ETH(Ethereum) price movement rather than BTC in the short-term(3m). Before the U.S. SEC(Security Exchange and Commission) approves spot ETH ETF(Exchange-Traded Fund)s in the 🇺🇸, the spot ETH ETFs in Hong Kong will be likely absorbing the liquidity of the ETH.

While the China missed the opportunity to lead spot BTC ETFs, I think they don't want to miss leading spot ETH ETFs as well.