Hong Kong SFC Annual Report: Total market capitalization of virtual asset ETFs has grown by 90% since their launch.

The Hong Kong Securities and Futures Commission (SFC) has released its 2025-26 Annual Report, revealing that Hong Kong’s capital market recorded significant growth across all asset classes over the past year, including investment funds, digital assets and the stock market, with tokenized investment products seeing accelerated expansion. As of March, assets under management (AUM) of the 13 SFC-authorized retail products rose nearly sixfold year-on-year to HK$10.8 billion. Separately, the total market capitalization of 11 virtual asset spot exchange-traded funds (ETFs) reached HK$4.3 billion, surging 90% since their launch in 2024. The SFC also approved Asia’s first Solana spot ETF. Trading volume of 12 licensed virtual asset trading platforms jumped 125% year-on-year. Furthermore, to sustain high-quality growth, the SFC completed legislative formalities for four new regulatory regimes covering virtual asset trading, custody, advisory services and management, and issued 47 warnings targeting virtual asset trading platforms and investment products.