Cryptocurrencies gave up their weekend gains, with the broad-market Crypto Market Index declining 3% over the past 24 hours.
周末期间加密货币放弃了涨势，Crypto市场指数在过去24小时下跌了3%。
The first batch of Hong Kong-listed spot bitcoin and ether ETFs will start trading on Tuesday morning.
香港首批上市的比特币和以太坊现货交易基金（ETF）将于周二上午开始交易。
ChinaAMC’s head of digital asset management said the offerings will be beneficial for crypto prices, improving liquidity and expanding participation.
中国华夏基金数字资产管理部门负责人表示，这些产品将有助于提高加密货币的价格，改善流动性并扩大参与度。
Crypto markets were lower across the board, with bitcoin (BTC) wavering near $63,000 as the upcoming Hong Kong crypto spot exchange-traded fund (ETF) debut has failed to spark excitement among investors.
加密货币市场普遍走低，比特币（BTC）在即将到来的香港加密货币现货交易基金（ETF）首次亮相未能激起投资者的兴奋，其价格在63000美元附近波动。
BTC drifted lower during the day from $64,000 over the weekend, slipping briefly to $61,800 before recovering to just near $63,000 at U.S. afternoon hours.
比特币在周末从64000美元下跌，一度短暂跌至61800美元，然后在美国下午时段恢复到63000美元附近。
The largest crypto by market value was recently changing hands at $63,000, down about 1% in the past 24 hours, holding up better than the broad-market Crypto Market Index (CD20), which lost 3% over the same period.
按市值计算最大的加密货币最近以63000美元的价格交易，过去24小时下跌约1%，表现比同期下跌3%的Crypto市场指数（CD20）要好。
Most altcoin majors also gave up their weekend gains, with ether (ETH), solana (SOL), dogecoin (DOGE) declining 4%-6%.
大多数另类币主流也放弃了周末的涨势，以太坊（ETH）、Solana（SOL）、狗狗币（DOGE）下跌了4%至6%。
Crypto markets have been drifting sideways for the last few weeks in lack of a strong investment narrative to drive prices, cooling from last month’s record-breaking BTC price action and altcoin and memecoin frenzy.
由于缺乏强劲的投资叙事来推动价格，加密货币市场在过去几周一直横盘漂移，从上个月创纪录的比特币价格行情和另类币、模因币的狂热中冷却下来。
Even though spot-based bitcoin and ether ETFs in Hong Kong will start trading on Tuesday morning local time, the incoming debut didn’t spark a similar level of anticipation ahead of the event as to the fever pitch that preceded the U.S. spot bitcoin ETFs.
尽管香港的比特币和以太坊现货交易基金（ETF）将于周二上午开始交易，但这一即将到来的首次亮相并未引起类似于美国比特币现货交易基金之前的狂热期待。
Defying the muted anticipation, an executive of ChinaAMC – one of the three issuers of the new Hong Kong-listed spot ETFs – reportedly said during a press briefing that the first-day issuance of shares may surpass the U.S. debut’s $125 million, referring to the new products’ seed funding.
ChinaAMC的一名高管在新香港上市的现货ETF产品中的三个发行方之一，据报道在新闻发布会上表示，首日股票发行可能会超过美国1250万美元的首次亮相，这是指这些新产品的种子基金。
“我非常有信心，香港虚拟资产现货ETF的首次上市规模可以超过美国首日的发行规模。”华夏基金数字资产管理部门负责人朱浩康表示。
Wayne Huang, head of ETF and custody at crypto exchange OSL, said that the exchange had completed the first day of raising funds for two of the new offerings, and confirmed Haokang’s forecast.
加密货币交易所OSL的ETF和托管部门负责人黄建兴表示，交易所已成功完成了两项新产品的首日募资，并确认了朱浩康的预测。
Haokang also said that the ETFs will be beneficial for crypto prices as the offerings feed more liquidity to digital asset markets, broaden funding channels and participation.
朱浩康还表示，ETF将有利于加密货币价格的提高，因为这些产品为数字资产市场提供更多流动性，拓宽融资渠道和参与度。