According to Odaily, the Hong Kong Securities and Futures Commission (SFC) published its third-quarter report for July to September 2025. The report states that the total market value of spot ETFs for virtual assets reached $920 million, which is an increase of 217% since their launch. Additionally, the assets under management of five tokenized money market funds grew to HKD 5.387 billion (approximately $692 million), representing a growth of 391% compared to the previous quarter.
The Hong Kong Securities and Futures Commission (SFC) has also confirmed that the exemption from stamp duty for the transfer of ETFs applies to tokenized ETFs. This measure aims to promote trading of tokenized ETFs in the secondary market and further expand access to the market for tokenized fixed-income and monetary products. Currently, licenses have been issued to 11 virtual asset trading platforms, with applications from eight other platforms under review.
