Hong Kong SFC-Authorized Spot Virtual Asset ETFs Reach HK$5.47 Billion, Up 33% Year-on-Year
Hong Kong’s Securities and Futures Commission (SFC) reported strong growth in its authorized virtual asset market, according to its Q3 2025 report released December 17. By end-November, SFC-approved spot VA ETFs reached HK$5.47 billion in market cap, up 33% year over year, with 11 products listed. Tokenized retail money market fund AUM surged 557% to HK$5.48 billion across eight funds. The SFC and Hong Kong Monetary Authority also issued an investor advisory on stablecoin volatility in August.