Bitcoin spot ETFs, which were formally approved by the SEC in the US on January 10 and have received more than $50 billion in investments since they opened for trading on January 11, started far from expectations in Hong Kong.

The two cryptocurrency spot ETFs generated a total volume of $11 million in the economically-autonomous region, where Ether spot ETFs also opened for trading, which was somewhat disappointing. The volume for Bitcoin spot ETFs was $8.5 million, while for Ether ETFs it was only $2.5 million.

In the USA, $4 billion was surpassed

As it will be remembered, on January 11, spot Bitcoin ETFs in the US closed the first trading day with a net investment of $620 million. The total volume of ETFs was $4.6 billion.

Bitcoin, which fell after the markets closed in Hong Kong, is trading at the level of $60,500 in the minutes when the news was written.