CoinVoice has recently learned that the Hong Kong Securities and Futures Commission (SFC) released its third-quarter report for July to September 2025, which disclosed that the total market value of Q3 virtual asset spot ETFs reached $920 million, increasing by 217% since its launch. The assets under management of 5 tokenized money market funds reached HKD 53.87 billion (approximately $692 million), an increase of 391% compared to the previous quarter.
In addition, the Hong Kong Securities and Futures Commission has confirmed that the exemption from stamp duty for the transfer of ETFs applies to tokenized ETFs, aiming to promote secondary market trading of tokenized ETFs and further expand market access for tokenized fixed income and currency products. Currently, licenses have been issued to 11 virtual asset trading platforms, and applications from 8 virtual asset trading platform applicants are under review. [Original link]