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Samsung Launches Bitcoin Futures ETF Amid Crypto Market Recovery

Samsung Asset Management announces plans to list the Bitcoin futures exchange-traded fund (ETF) on the Hong Kong stock market amid the rise in interest from retail and institutional investors in Hong Kong.

The Samsung Bitcoin Futures Active ETF will track the performance of spot Bitcoin price by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange (CME). The Bitcoin futures ETF will primarily invest in the CME Bitcoin Futures, with some investments in the CME Micro-Bitcoin Futures.

(By Varinder Singh)

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Bitcoin Bitcoin $94,316.40
-3.71%
Samsung Crypto Bitcoin ETF Hong Kong
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