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Hong Kong to Launch Asia's First Inverse Bitcoin ETF

July 22, 2024, 05.33 PM
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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