Hong Kong Ethereum ETF had a net subscription of 62.8 coins yesterday, and the ChinaAMC ETF, which is denominated in RMB and traded over the counter, showed a positive discount rate

BlockBeats news, on May 23, according to SoSo Value data, the Hong Kong Ethereum spot ETF yesterday (May 22) had a net subscription of 62.8 Ethereum, a total of 13,380 Ethereums, a total daily transaction volume of US$390,300, and a total net asset of US$50.22 million. Yesterday's net subscription volume came from Harvest ETF. It is worth noting that yesterday was the first time that the Hong Kong Ethereum ETF showed a net subscription in the 11 trading days since May 7. In terms of asset size, Bosera Hashkey ETF holds 6,300 Ethereums, ranking first, while Huaxia and Harvest ETF hold 4,630 and 2,450 Ethereums respectively.

In terms of intraday premium/discount rate, the ChinaAMC Ethereum ETF (83046.HK), which supports over-the-counter trading in CNY (RMB), showed a positive premium rate of about 1.5% within 24 hours, while other ETFs that support over-the-counter trading in Hong Kong dollars (HKD) and US dollars (USD) all showed discount rates. (Note: Hong Kong crypto ETFs support spot subscription and redemption mechanisms. Net subscription refers to the difference between the subscription amount and the redemption amount within a certain period of time is positive, that is, more purchases than sales, and vice versa for net redemption.)