The Hong Kong Stock Exchange announced that the ETP (exchange traded product) market, including ETFs (exchange traded funds) and leveraged and inverse products, has seen a wave of new product launches this year. Hong Kong's thematic ETF market has also continued to diversify. New ETFs investing in different fields such as artificial intelligence and automation, digital payments, and Web3 have been launched one after another during the year. The most eye-catching new ETP listing is the first Bitcoin inverse product in Asia. The inverse product was listed on the Hong Kong Stock Exchange in July, providing investors with a new tool to capture the movement of Bitcoin price. With the listing of the first six virtual asset spot ETFs in Asia in Hong Kong in April, together with the first three virtual asset futures ETFs in Asia in December 2022 and January 2023, the market capitalization of the Hong Kong virtual asset ETF market has grown to more than HK $3.20 billion by the end of August. There are currently ten virtual asset ETPs available on the Hong Kong Stock Exchange.