Data: The Hong Kong Ethereum ETF has shown net redemptions or zero net flow for 9 consecutive trading days

According to SoSo Value data, the net flow of Hong Kong's Ethereum spot ETF was zero yesterday (May 20), with a total holding of 1332 Ethereum, a daily turnover of $243,000 and total net assets of $41.14 million. From May 7th to today's nine trading days, the net flow of Hong Kong's Ethereum ETF has been either zero or net redemption.

In terms of asset size, Bosera Hashkey ETF holds 6300 Ethereum ranking first, while Huaxia and Harvest ETFs hold 4640 and 2390 Ethereum respectively. In terms of intraday premium/discount rate, both Bosera HashKey ETF and Harvest ETF showed positive premium rates for a short time this morning while their trading volume increased significantly. As at press time, the current total intraday trading volume exceeded $1.489 million; Huaxia’s Ethereum ETF reached $883 thousand which is more than yesterday’s full-day trading volume.

(Note: It is normal for an ETF's net flow to be zero as it indicates that buying and selling quantities are balanced. Bloomberg analyst James Seyffart pointed out that among approximately 3500 US-based ETFS there were about 2903 whose daily inflow equaled outflow.)