[Hong Kong Securities and Futures Commission: Total Market Value of 11 Virtual Asset ETFs Exceeds HK$5.4 Billion, Recognized Tokenized Fund Scale Reaches HK$8.66 Billion] The Hong Kong Securities and Futures Commission (SFC) released its Q4 2025 report, which highlighted that the SFC has officially become a member of the Hong Kong Police Force's Virtual Asset Intelligence Working Group. Strategic innovation continues to drive the sustained growth of Hong Kong's listed and digital asset markets. In the realm of digital assets, the SFC recognized tokenized retail currency funds since their launch in 2025. As of December last year, the assets under management for these funds grew to HK$8.66 billion (US$1.11 billion), marking a quarterly increase of 14%. Additionally, since the launch of Asia's virtual asset spot exchange-traded funds (ETFs) in 2024, a total of 11 such ETFs have been listed in Hong Kong. Their total market value has risen by 142% since listing, exceeding HK$5.4 billion (US$702 million) as of December last year. The total market value of SFC-recognized ETFs and leveraged/inverse products jumped 33.7% year-on-year to HK$618.7 billion. Furthermore, net capital inflows into funds registered in Hong Kong surged 118.5% year-on-year in 2025 to HK$356.7 billion. As of December last year, the assets under management for these funds grew 38.3% year-on-year to HK$2.28 trillion, while the total number of funds increased 9.1% year-on-year to 1,041.