PANews reported on May 23 that, according to SoSo Value data, the Hong Kong Ethereum spot ETF had a net subscription of 62.8 ETH on May 22, bringing the total holdings to 13,380 ETH. The total daily trading volume was $390,300, and the total net assets amounted to $50.22 million. All net subscriptions yesterday came from the Harvest ETF. Notably, yesterday marked the first net subscription for the Hong Kong Ethereum ETF in the 11 trading days since May 7. In terms of asset scale, the Bosera Hashkey ETF holds 6,300 ETH, ranking first, while the ChinaAMC and Harvest ETFs hold 4,630 ETH and 2,450 ETH, respectively.

Regarding the intraday premium and discount rates, the ChinaAMC Ethereum ETF (83046.HK), which supports over-the-counter trading priced in CNY (RMB), showed a positive premium rate of about 1.5% within 24 hours. Other ETFs supporting over-the-counter trading priced in HKD and USD showed discount rates. (Note: Hong Kong crypto ETFs support a spot subscription and redemption mechanism. Net subscription means that the difference between the subscription amount and the redemption amount over a certain period is positive, i.e., more purchases than sales, and vice versa for net redemption.)

Note: The dual-counter ETF launched by the Hong Kong Stock Exchange is an ETF that adopts a "dual-counter" arrangement. ETFs adopting the dual-counter format provide investors with two trading counters (RMB counter and HKD counter) on the Hong Kong Stock Exchange for trading. Units traded on the RMB counter are settled in RMB, while units traded on the HKD counter are settled in HKD.