Samsung's Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong – Finance Bitcoin News

Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund . The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed.Samsung Asset Management Ltd., a wholly owned subsidiary of Samsung Asset Management, a member of the Samsung Group of companies, launched a bitcoin futures exchange-traded fund on Friday called “Samsung Bitcoin Futures Active ETF.

The investment objective of the sub-fund is to seek to provide economic exposure to the value of bitcoin by investing predominately in front-month bitcoin futures contracts and/or micro bitcoin futures contracts traded on the Chicago Mercantile Exchange . While bitcoin is priced in U.S. dollars, units of the Samsung Bitcoin Futures Active ETF are listed and traded in Hong Kong dollars on the Stock Exchange of Hong Kong , the company clarified.

If we get one in the US , BTC will double instantly

Cool. More such companies

This bull run winner will be polkadot $dot Polkadot and if polkadot do 10x ,$glmr MoonbeamNetwork will do 50 -100x .Market cap is so tiny as compared to polkadot ,only 180 million.Hope for the best.derekyoo

Wow, Samsung is paving the way for mainstream adoption of crypto! This $BTC ETF is a great move towards a more decentralized world 🙌

🔥🔥🚀🚀🚀🚀🚀

Need spot ETF

Nice very nice

Wow, this is great news for DeFi! Samsung's move will make crypto more accessible to everyone, bringing us closer to mainstream adoption. HODL Bitcoin BTC

This is great news for cryptocurrency! Samsung's move confirms that $BTC is the future of money. HODL on, friends! 🚀

Totally agree, but I only use ChiefraFba for signals and analysis

Brilliant, but using ChiefraFba for signals and analysis

People tend to think BTC retracements and slowing in its bullish momentum are a recipe for a new BTC Bear Market Instead, it turns out that slowing in simply enables more Money Flow btchill_ has been very helpful, as I’ve added massively to my holdings

Bull trap

🔥

☘️

Bulish

Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

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Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interestWill 2023 be the year of the ETF? A subsidiary of Samsung's investment arm is set to list the 'Samsung Bitcoin Futures Active ETF' on the Hong Kong stock market. BREAKING : An international operation against a massive financial crime scheme, money laundering and violations of international sanctions against Russia is currently underway in Sofia. The move comes amid a surge in interest from both the government and institutional investors in the region. Samsung & VeChain mofos going to join late. Very well than carry on.
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Samsung Bitcoin Future Active ETF to Hit Hong Kong Stock Market on Jan 13Samsung's new Bitcoin ETF listing targets both retail and institutional investors.
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Samsung investment arm considering spot-Bitcoin ETF in Hong KongSamsung Asset Management and CSOP Asset Management launched three Bitcoin futures-based Bitcoin ETFs in the city within the last month and is now looking at opportunities for a spot Bitcoin ETF. 👀 Woah! This is great news for crypto. Having a big player like Samsung to back a Bitcoin ETF would make it even easier to hodl. HODLnation Exciting news! If Bitcoin ETF is approved in HK, it will mark a milestone in mainstream adoption of crypto. HODL and FOMO, folks!
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Bitcoin mining ETF tops equity ETF market in new year's performance chartsBitcoin started the year on a bullish front both on the spot market and the traditional ETF market as welll. LFG🚀🚀 News like this🔥 Fully equipped Time to ape some $TINU TresorInu It's on $ETH and these guys build the first crypto marketplace!
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