香港面临加密ETF挑战-最新加密货币新闻

币界网Publicado a 2024-08-11Actualizado a 2024-08-12

币界网报道:

在香港,加密交易所交易基金正努力在传统金融产品主导的市场中站稳脚跟。OSL执行董事Gary Tiu强调,香港市场缺乏对ETF的激励。经纪商被结构性产品的高额佣金所吸引,对ETF兴趣不大,导致其增长缓慢。

内容隐藏1为什么经纪商不愿意接受ETF?2市场参与者扮演什么角色?3挑战和考虑4具体见解

为什么经纪商不愿意接受ETF?

Tiu指出,尽管ETF对交易者来说是可访问的,但由于佣金率低,经纪商会避开它们。这种不情愿是香港更广泛采用和增长交易所买卖基金的一个重大障碍。经纪人对这些产品的偏见使情况更加复杂。访问COINTURK FINANCE获取最新的金融和商业新闻。

市场参与者扮演什么角色?

此外,Tiu指出,香港普遍存在对比特币和以太坊等加密货币的偏见。监管机构和金融机构将加密货币ETF归类为高风险,这抑制了它们的增长。复星财富加密资产总监陈neneneba赵将此归因于香港市场参与者人数不多。与西方和中国的金融巨头不同,当地机构相对较小,不太愿意参与这些产品。

挑战和考虑

在香港,加密交易所面临着参与者和激励有限的艰难道路。截至8月11日,这些ETF的总资产净值为3.1亿美元,日均交易量为280万美元。与美国同行不同,香港基于实物BTC的交易不被视为现金流入,这增加了另一层复杂性。

具体见解

–由于佣金较高,经纪商更喜欢结构性产品。–对加密货币的监管偏见影响了ETF的增长当地金融机构规模小,限制了市场参与。

这些因素对香港加密交易所交易基金的接受和增长构成了重大挑战。为了获得更广泛的市场接受,经纪人和监管机构对这些投资产品的看法需要发生范式转变。

您可以在Telegram、Twitter(X)和Coinmarketcap上关注我们的新闻。免责声明:本文所含信息不构成投资建议。投资者应该意识到加密货币具有高波动性,因此存在风险,应该进行自己的研究。

Lecturas Relacionadas

Stock Price Soars 655%, Sichuan Brothers Build a 50 Billion Semiconductor IPO

Chengdu Ultra-pure Applied Materials Co., Ltd. ("Ultra-pure Materials"), a Sichuan-based supplier of core semiconductor equipment components, officially listed on the Shenzhen Stock Exchange on August 11. Its share price surged 654.66% to 498 yuan on its debut, giving the company a market capitalization exceeding 50.7 billion yuan. Founded in 2005, the company is a national-level "little giant" specializing in special-coated components and precision optical devices for semiconductor equipment. It is one of the few domestic suppliers capable of providing core parts for 5nm and below process etching tools. According to a Frost & Sullivan report, it held the top market share (5.7%) among local Chinese suppliers of these coated components in 2024. Financially, Ultra-pure Materials has shown rapid growth. Its revenue soared from 169 million yuan in 2023 to 496 million yuan in 2025, with net profit increasing from 65 million to 185 million yuan in the same period. Over 95% of its 2025 revenue came from sales of semiconductor equipment special-coated components. The company has developed dozens of component products covering wafer fabrication, packaging, and silicon wafer manufacturing processes. Major customers include leading domestic semiconductor equipment manufacturers such as NAURA and AMEC, with its top five clients accounting for nearly 90% of revenue in 2025. Its shareholder structure features strategic investors including BYD, AMEC, and State Development & Investment Venture Capital. Post-IPO, Chairman and CEO Chai Jie holds 31.42% of shares, while his brother and Chief Engineer Chai Lin holds 15.46%. The company plans to use raised capital for capacity expansion, R&D center construction, and supplementary working capital. The global market for these high-precision components is dominated by US, European, and Japanese firms. However, driven by domestic equipment substitution policies and improving local technological capabilities, the localization rate in China is projected to rise significantly. Ultra-pure Materials' listing aims to strengthen its position in this expanding market.

marsbitHace 36 min(s)

Stock Price Soars 655%, Sichuan Brothers Build a 50 Billion Semiconductor IPO

marsbitHace 36 min(s)

Opinion: Altcoins Might Still Have a Chance, but VC-Backed Coins Are Truly Hopeless

Author: Haotian. Through deep discussions with experienced on-chain investors, a consensus has emerged on survival strategies for the current market cycle: the focus has decisively shifted from "narratives and speculation" to "cash flow and tangible validation." Several key principles are outlined: 1) Prioritize assets with genuine value capture. In a bear market, sustainable protocol fees and a proven record of using them for token buybacks, burns, or dividends are essential. Examples include launchpad tokens like $UNI, $PUMP, $PONS, and the notable buyback token $HYPE. 2) Choose only projects with proven Product-Market Fit (PMF) and a complete operational loop. The next cycle's narratives, likely around "real-world asset tokenization" and the "Agentic Economy," will favor practical validation over technical roadmaps. Projects must demonstrate real users, transaction volume, and revenue. Examples such as $ONDO, $VVV, and $VIRTUAL will be evaluated on metrics like Assets Under Management (AUM) and fee generation. 3) Opt for assets with strong, organically developed "consensus." True consensus is market-driven and survives multiple cycles, not manufactured through marketing. Examples include enduring meme coins like $DOGE, $PEPE, $PEOPLE, or established sector leaders like $ZEC and $TAO, which benefit from resilient communities and sustained liquidity. 4) Avoid purely venture-capital (VC)-backed tokens. Unlike general altcoins which may cycle back, VC coins are seen as particularly problematic. Their typical high Fully Diluted Valuation (FDV), low circulating supply, and continuous large unlock schedules often lead to post-unlock sell pressure, especially if the project lacks inherent value capture. This dynamic is a key factor in the current cycle's restrained rallies and deep corrections, discouraging retail participation. *Note: This is a summary of personal discussions. Mentioned tokens are examples only, not investment advice.*

marsbitHace 1 hora(s)

Opinion: Altcoins Might Still Have a Chance, but VC-Backed Coins Are Truly Hopeless

marsbitHace 1 hora(s)

Trading

Spot
活动图片