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HK SFC Q3 Report: Virtual Asset Spot ETF Market Cap Hits $920M, Up 217%

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Hong Kong’s virtual asset spot ETF market cap hit $920 million in Q3 2025, up 217% from launch. The SFC reported AUM for five tokenized money market funds rose 391% to HKD 5.387 billion. Stamp duty exemptions for tokenized ETF transfers aim to boost market performance and secondary trading. Eleven platforms are licensed, with eight more under review.
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