CF Benchmarks: Hong Kong ETF assets under management will reach $1 billion by the end of 2024

The CEO of CF Benchmarks, Kraken's index provider, expects Hong Kong-based cryptocurrency exchange-traded funds (ETFs) to reach $1 billion in assets under management (AUM) by the end of 2024. The firm is also currently working with the new ETF in Hong Kong, which was first launched earlier this week but has a fairly limited trading volume.