Benefiting from the price increase of virtual assets such as Bitcoin, the asset management scale of virtual asset futures ETFs in Hong Kong has also risen. Taking the CSOP Bitcoin Futures ETF as an example, as of April 9, its asset management scale has increased from US$53.89 million to US$119 million.
There are currently three virtual currency ETFs listed in Hong Kong, all of which are virtual asset futures ETFs, mainly issued by CSOP and Samsung Asset Management (Hong Kong). All three products use margin to participate in the trading of Bitcoin and Ethereum futures listed on CME Group. The Hong Kong Securities and Futures Commission will reportedly announce the list of the first batch of Bitcoin spot ETFs in Hong Kong on April 15. (21st Century Business Herald)