Hong Kong SFC: Total Market Cap of Virtual Asset ETFs Exceeds HKD 5.4 Billion, Up 142% Since Launch
According to Odaily, the Hong Kong Securities and Futures Commission (SFC) released its Q4 2025 report, stating that it has officially become a member of the Hong Kong Police Force's Virtual Asset Intelligence Working Group, strategically innovating to promote the sustained growth of Hong Kong's listed and digital asset markets. Regarding digital assets, the SFC-approved tokenized retail money funds, launched in 2025, saw their assets under management grow to HKD 86.6 billion by December last year, a quarterly increase of 14%. Furthermore, since the market launch of Asia's virtual asset spot exchange-traded funds (ETFs) in 2024, a total of 11 such ETFs have been listed in Hong Kong. Their total market cap has risen 142% since launch to over HKD 5.4 billion. As of December last year, the total market cap of SFC-approved ETFs and leveraged and inverse products surged 33.7% year-on-year to HKD 6,187 billion.
Additionally, net fund inflows into Hong Kong-domiciled funds skyrocketed 118.5% year-on-year to HKD 356.7 billion in 2025. By December last year, the assets under management for these funds grew 38.3% year-on-year to HKD 22.8 trillion, while the total number of funds increased 9.1% year-on-year to 1,041.
