Will 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.
“Hong Kong is the only market in Asia where Bitcoin futures ETFs are listed and traded in the institutional market. It will be a new option for investors who are interested in Bitcoin as a competitive product that reflects their experience in risk management.”
This ETF listing will provide retail and institutional investors with a new way to gain exposure to Bitcoin, which may help to attract more mainstream investors to the cryptocurrency space. With Samsung's reputation and brand power, the ETF could be an attractive option for investors who are looking for a way to invest in Bitcoin without buying and
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
Bitcoin CME Futures Draw Premium for the First Time Since FTX's CollapseThe CME-listed bitcoin futures traded at a premium for the first time in nearly two months in a sign the market panic caused by FTX's insolvency is abating. Reports godbole17.
Read more »
Bitcoin CME Futures Draw Premium for the First Time Since FTX's DownfallThe market panic that ensued after the collapse of Sam Bankman-Fried's FTX exchange in early November seems to be abating. The three-month bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME), widely considered a proxy for institutional activity, are drawing a premium over the cryptocurrency's going spot market price for the first time since FTX went bust.
Read more »
Bitcoin, Ethereum Technical Analysis: ETH Above $1,330, Consolidating Recent Gains – Market Updates Bitcoin NewsEthereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs.
Read more »
Grayscale Bitcoin Trust Discount Narrows to 8-Week LowGrayscale Bitcoin Trust's early 2023 rally outpaced that of its underlying bitcoin holdings, significantly narrowing its discount to the net asset value. The closed-end trust with more than $10 billion in assets under management is up 17.5% to begin the year versus about a 5% advance in the price of bitcoin to its current $17,300. Grayscale and CoinDesk are both owned by parent company DCG. 'All About Bitcoin' host Christine Lee breaks down 'The Chart of The Day.'
Read more »
Asian Stock Market: Traces sluggish S&P 500 Futures to flash mixed signals, yields retreatAsian Stock Market: Traces sluggish S&P 500 Futures to flash mixed signals, yields retreat – by anilpanchal7 Asia Equities CentralBanks Inflation Growth
Read more »