Hong Kong to Launch Asia's First Inverse Bitcoin ETF

July 22, 2024, 05.33 PM
Hong Kong to Launch Asia's First Inverse Bitcoin ETF

ILUSTRASI. Mata uang digital Bitcoin, Shiba, Lyra, Ripple. KONTAN/Cheppy A. Muchlis

Source: ReutersEditor: Yudho Winarto

BITCOIN - HONG KONG. Asia's first inverse bitcoin exchange-traded fund that allows investors to bet on a fall in the cryptocurrency, is set to debut in Hong Kong on Tuesday.

Hong Kong's CSOP Asset Management said it will launch the CSOP Bitcoin Futures Daily (-1x) Inverse Product on the city's stock exchange on Tuesday morning.

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