The asset management scale of Hong Kong’s largest Bitcoin futures ETF has increased fivefold since October last year
The largest Bitcoin futures ETF in Hong Kong has increased its asset management scale fivefold in the past five months, reaching over $100 million, due to local investors chasing the rise of the world's most well-known cryptocurrency. Hong Kong approved the first three cryptocurrency futures ETFs by the end of 2022. CSOP Asset Management, which manages the CSOP Bitcoin Futures ETF (3066.HK), stated that demand increased significantly in February.
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