Bitcoin ETFs in Hong Kong Achieve Record Trading Volume Amid Market Surge

On November 12th, COINOTAG reported that Hong Kong’s **physically-backed Bitcoin ETFs** experienced a significant surge in trading activity, with a remarkable **single-day trading volume** of **$14.3 million**. This increase marks the highest trading figures since August 5th, indicating a resurgence in investor interest amid a broader market rally in cryptocurrencies. Notably, the inflow of assets into these three ETFs totaled **37.77 bitcoins** (approximately **$3.3 million**). Among these, the **Huobi Fund Bitcoin ETF** stood out as the only fund to witness a positive inflow, attracting **47.75 bitcoins** during this period. This movement underscores the growing confidence among investors in the Bitcoin sector, highlighting a potential trend towards increased investment in **ETFs backed by physical assets** as the market continues to evolve.