CSOP: Bitcoin futures ETF asset size exceeds HK$1 billion

Li Yilin, Senior Vice President of Sales and Product Strategy at Southern Dongying Asset Management, revealed that the mainstream investment market's acceptance of virtual asset-related products is increasing. Currently, the asset size of Southern Dongying Bitcoin Futures ETF has exceeded HKD 1 billion. In addition, the market is eagerly anticipating the listing of spot Ethereum ETF in the United States, which may drive up the prices of virtual assets. Southern Dongying has seen a continuous inflow of funds into Southern Dongying Bitcoin Futures ETF and Southern Dongying Ethereum Futures ETF.

Bitcoin Futures ETF

Comments

All Comments

Recommended for you

CointimeSG ·

NFTs in 2024: Surviving challenges, embracing growth, eyeing the future

NFT projects encountered numerous setbacks in 2024, but many remain hopeful that the asset class will stage a comeback.
CointimeSG ·

Web3 Startup The Grid Is Building Google Maps for Blockchain Data

"Currently you arrive in the Web3 city and its logos and lights are everywhere, but little else," co-founder Jonathan Knegtel told Decrypt.
CointimeSG ·

UAE Joins Bitcoin Accumulation Buzz With Unverified $40 Billion Claim

Rumors suggest that the United Arab Emirates holds $40 billion in Bitcoin.
CointimeSG ·

Gate.io Milestones Propel GateToken to New All-Time High in December

Surging user numbers, sports sponsorships and the platform’s December reserve report have underpinned gains for its native token.
CointimeSG ·

$1.1 Billion Withdrawal Pushes Solana’s (SOL) TVL to Monthly Low

Solana’s total value locked (TVL) has dropped by $1.1 billion in December, reaching its lowest monthly point at $8.01 billion.
CointimeSG ·

Your VASP license won’t save you anymore

Relying solely on VASP licenses and superficial compliance policies isn’t enough.
CointimeSG ·

Securitize proposes BlackRock BUIDL fund as collateral for Frax USD

According to RWA.XYZ, BlackRock's US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management.
CointimeSG ·

Unichain’s public mainnet expected to launch in ‘early 2025,’ Uniswap says

Unichain, a DeFi-focused Layer 2 built on the OP Stack and developed by Uniswap, is expected to launch its public mainnet in early 2025. The developers plan to integrate permissionless fault proofs from day one of Unichain’s mainnet launch.
CointimeSG ·

Saylor floats US crypto framework with $81T Bitcoin reserve plan

Bitcoin bull Michael Saylor has pitched a US crypto framework, saying a strategic digital asset policy can strengthen the dollar and neutralize the country's national debt.
CointimeSG ·

Experts Predict Bitcoin Could Drop $20,000 Amid Global Money Supply Decline

Bitcoin faces its steepest weekly drop since August, with experts linking its 15% correction to global liquidity tightening.