Samsung Assets Management, the investment arm of tech giant Samsung, will list its futures Bitcoin (BTC) ETF (exchange traded fund) on the Hong Kong Stock Exchange.
Samsung Assets Management In a statement on its official website on January 12, at Chicago Mercantile Exchange (CME) listed Bitcoin futures trading by investing in their products bitcoin announced the mutual fund that will monitor its performance.
Company January 13 on the Hong Kong stock exchange will be listed reported fund, Bitcoin futures trading besides its products Bitcoin micro futures announced that it will invest in its products.
Head of Samsung Assets Management Hong Kong Park Seong Jin He made the following statements on the subject:
Hong Kong is the only market in Asia where Bitcoin futures ETFs are listed and traded on the institutional market. This ETF will be a competitively costly investment option for investors interested in Bitcoin.
Hong Kong has changed its attitude towards crypto money markets over time. moderate pulled to a point. Hong in the recent past Kong Securities and Futures Commission (SFC) President, Julia Fung-Yee, under the new licensing regime individual of investors to invest in cryptocurrencies will be enabled had announced.