Hong Kong's securities regulator reports that the total market value of the 11 virtual asset ET

Hong Kong SFC Joins Police Crypto Task Force—ETF Market Cap Jumps 142% Since Launch

Hong Kong's digital asset market is heating up. The SFC's Q4 report shows it has formally joined the police's Virtual Asset Intelligence Task Force to keep pushing the sector forward.

Spot crypto ETFs are thriving: 11 products now listed, with total market cap up 142% since launch to over HK$5.4 billion ($702 million). Tokenized money funds are also growing fast—AUM hit HK$8.66 billion ($1.11 billion) by December, up 14% quarter-on-quarter.

The broader fund market is on fire: SFC-authorized ETF and levered/inverse product market cap rose 33.7% YoY to HK$618.7 billion. Net inflows into Hong Kong-domiciled funds more than doubled (up 118.5%) to HK$356.7 billion, with AUM jumping 38.3% to HK$2.28 trillion. Fund count grew 9.1% to 1,041. The numbers are catching up to the ambition.