The assets under management of Southern Dongying Bitcoin Futures ETF have grown to $119 million
Media reports that, benefiting from the price increase of virtual assets such as Bitcoin, the scale of virtual asset futures ETF management in Hong Kong has also risen. Taking Southern Dongying Bitcoin Futures ETF as an example, as of April 9th, its managed asset scale has grown from $53.89 million to $119 million. Currently, there are three listed cryptocurrency ETFs in Hong Kong, all of which are virtual asset futures ETFs mainly issued by Southern Dongying and Samsung Asset Management (Hong Kong). All three products participate in the trading of Bitcoin and Ethereum futures listed on CME with margin. It is reported that the Hong Kong Securities Regulatory Commission will announce the first batch of Bitcoin spot ETF list in Hong Kong on April 15th.
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