Samsung Asset Waited for Market Recoveries and Here is the Launch!


Samsung Asset Management is to launch a Bitcoin futures ETF in Hong Kong. The ETFs will be listed on the Hong Kong Stock Exchange. The Samsung Bitcoins Futures Active ETF will invest in stocks listed on the Chicago Mercantile Exchange.

Samsung Asset Management announced that it plans to launch a Bitcoin Futures Exchange Fund (ETF). On January 13, Samsung will list the ETF on the Hong Kong stock exchange as interest from investors and companies in Hong Kong increases.

The Samsung Bitcoin Futures Active ETF is launched with the objective of tracking Bitcoin’s spot performance by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange (CME). In addition, a local Korean media group confirmed that the Bitcoin Futures ETF will invest in CME Bitcoin futures, and a small investment in CME Micro-Bitcoin futures.

Metaverse Finance Twitter account is now active with current shares!

Samsung Asset Management Explores Bitcoin Futures ETFs in Hong Kong

Park Seong-jin, head of Samsung Asset Management in Hong Kong, said: “Hong Kong is the only market in Asia where Bitcoin Futures ETFs are listed and traded on the institutional market. It will be a new option for investors who are interested in Bitcoin as a competitive product reflecting their experience in risk management.”

Currently, Hong Kong is the only major location in Asia that supports Bitcoin futures ETF trading. Samsung Asset Management previously listed Samsung Blockchain Technologies in the Samsung Asia Pacific Metaverse ETF in Hong Kong.

In addition, Hong Kong is now looking to become a crypto haven, seeking to integrate crypto companies and register them with financial regulators. In addition, Hong Kong Finance Secretary Paul Chan told the Hong Kong Web3 Innovator Summit that the state has done all the necessary legislative work to create a licensing system for service providers.

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