
Please try another search
Samsung Asset Management announced that it plans to launch Bitcoin futures exchange-traded fund (ETF). On January 13, Samsung will list the ETF on the Hong Kong stock market while Hong Kong retail and institutional investors show a rise in interest.
The Samsung Bitcoin Futures Active ETF is being released with the goal of tracking spot Bitcoin’s performance by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange (CME). Moreover, a Korean local news outlet has confirmed that the Bitcoin futures ETF will invest primarily in the CME Bitcoin Futures, alongside minor investments in CME Micro-Bitcoin Futures.
Samsung Asset Management’s Hong Kong head, Park Seong-jin shared,
Hong Kong is the only market in Asia where bitcoin futures ETFs are listed and traded in the institutional market. It will be a new option for investors who are interested in Bitcoin as a competitive product that reflects their experience in risk management.
At present, Hong Kong is the only primary location in Asia that supports the trade of Bitcoin futures ETF. Samsung ...
The post Samsung Announces Bitcoin Futures ETF Launch As Market Recovers appeared first on Coin Edition.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.