According to data from K33 Research, the asset management scale (AUM) of the US spot and derivative Bitcoin (BTC) ETF has exceeded $129 billion, surpassing the gold ETF ($128.8 billion) for the first time. Zhang Yinghua, Chief Institutional Business Officer (CIBO) of OSL, stated that the total asset management scale of the Hong Kong BTC spot ETF is HK$30.87 billion, accounting for 0.66% of the Hong Kong ETF market (HK$463 billion), with OSL affiliates holding 60%. Zhang Yinghua also mentioned that in terms of market share, the current $129 billion BTC ETF asset management scale in the US accounts for 1.2% of its ETF market, while the same data for Hong Kong is 0.66%. From a proportional perspective, there is no significant difference between the two, and since the listing of the Hong Kong BTC ETF on April 30, 2024, net inflows of around 380 bitcoins have been recorded, with the total asset management scale increasing by approximately 66%. This demonstrates that the impact of Hong Kong's crypto ETF on the local financial market cannot be ignored, and it also has great potential for development.