• Samsung Asset Management Hong Kong is launching a Bitcoin Futures Active ETF on the Hong Kong stock market on January 13th.
• The ETF seeks to provide exposure to Bitcoin’s value by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange.
• Both retail and institutional investors will be able to gain access to the ETF.

Samsung Asset Management Hong Kong (SAMHK) has announced that it will be launching a Bitcoin Futures Active ETF on the Hong Kong stock market on January 13th. The ETF will be a sub-fund of the Samsung ETFs Trust III, an umbrella unit trust established under Hong Kong law.

The ETF will aim to provide economic exposure to Bitcoin’s value by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange (CME). By investing in these CME-listed futures products, the ETF will provide investors with access to the value of Bitcoin without the need to purchase and store actual Bitcoin.

The ETF will be open to both retail and institutional investors, making it accessible to a wide range of investors. This will provide retail investors with the opportunity to gain exposure to Bitcoin without the need to purchase and store actual Bitcoin, while also providing institutional investors with access to an ETF-based product that provides exposure to Bitcoin.

The launch of the ETF is expected to provide a boost to the Bitcoin market in Hong Kong, as well as provide more options for investors looking to gain exposure to Bitcoin. The ETF will also allow investors to gain exposure to the value of Bitcoin without the need to purchase and store actual Bitcoin, providing a more cost-effective way for investors to gain exposure to the digital currency.

Overall, the launch of the Samsung Bitcoin Futures Active ETF is expected to provide more options for investors looking to gain exposure to Bitcoin, as well as provide a boost to the Bitcoin market in Hong Kong. The ETF will also provide retail and institutional investors with the opportunity to gain exposure to the value of Bitcoin without the need to purchase and store actual Bitcoin, making it a more cost-effective option for investors.