OSL's co-branded product occupies 88% of the market share of the first batch of Spot virtual asset ETF trading volume in Hong Kong

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Article Source: OSL

OSL issuer partners account for 93% and 70% of the trading volume in BTC and Ethereum Spot ETF markets, respectively. Since its launch in April 2024, Hong Kong's digital asset ETF market has shown a significant rising trend, with both trading volume and assets under management (AUM) continuously expanding. As of the time of writing, the daily trading volume of BTC (BTC) Spot ETF has reached HKD 114 million, while that of Ethereum (ETH) Spot ETF has reached HKD 33.76 million, indicating that investors' interest in Hong Kong's digital asset ETF is growing stronger and investment activities are increasing day by day.

*As of 15:58 on July 5, 2024 Hong Kong time (source: Hong Kong exchange)

OSL Digital Securities Limited, as the top licensed digital asset trading platform under OSL Group (863.HK), has been appointed as the virtual asset trading platform and sub-custodian for the first BTC and ETH Spot ETFs launched by Huaxia Fund (Hong Kong) and Harvest Global Investments (HGI). The initial batch of Spot BTC and ETH ETFs, launched by the issuer's partners Huaxia Fund (Hong Kong) and Harvest Global Investments (HGI), accounts for more than 88% of the total trading volume in the ETF market in Hong Kong.

"OSL is continuing to drive regulated digital asset innovation to the next level, including stake services and tokenization fund products." - OSL Chairman and CEO Wayne Trench

As a leading ETF custody and trading platform, the success of OSL reflects its strategic vision and operational excellence. With the continuous rise of the market, OSL is committed to creating new solutions and maintaining its position as a trusted partner for digital asset investment.

About OSL

OSL Group (863.HK, formerly known as BC Technology Group) is a leading Asian financial technology and digital asset listed company, with its platform being the first digital asset platform licensed and insured by the Hong Kong Securities and Futures Commission. The company was established in 2018 and has a long history in the relevant field, and its comprehensive and regulated digital asset solutions are also widely recognized by the industry.

OSL provides market services (brokerage, exchange, and custody) and Software as a Service (SaaS) technology solutions, offering global Liquidity to institutional, professional, and retail investors through top digital asset trading platforms. OSL's secure and insured Wallet ensures the safe storage and efficient trading and clearing of digital assets.

With the continuous development of the digital asset industry, the company also continues to make progress. OSL's simple and tailored services ensure that global clients obtain Compliance services in the continuously developing digital asset environment.

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