Good afternoon, I am interested in exploring the options for investing in
Bitcoin Exchange-Traded Funds (ETFs) in Hong Kong. Could you please elaborate on the current availability of such products in the market? Specifically, I would like to know which Bitcoin ETFs are currently offered to investors in Hong Kong and how can one access these funds? Furthermore, is there a notable trend or recent development regarding the acceptance and adoption of Bitcoin ETFs in the region? Thank you for your assistance in this matter.
6 answers
Giulia
Sun Jul 14 2024
The ETFs in question are specifically designed to mirror the performance of cash-settled Bitcoin and Ether futures contracts.
CryptoGladiatorGuard
Sat Jul 13 2024
These contracts are traded on the prestigious Chicago Mercantile Exchange (CME), a leading global derivatives marketplace.
HanbokElegance
Sat Jul 13 2024
By April 29, 2024, Hong Kong boasted a range of crypto futures ETFs, providing investors with diverse options to gain exposure to the crypto market through traditional financial instruments.
Carlo
Sat Jul 13 2024
The introduction of these ETFs represents a significant milestone in the integration of cryptocurrencies into traditional financial markets.
CryptoMystic
Sat Jul 13 2024
Shortly after, Samsung Asset Management Hong Kong joined the fray by launching its own futures-based Bitcoin ETF, the Samsung Bitcoin Futures Active ETF, in January 2023.