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Hong Kong is leading the way when it comes to crypto ETFs. Hear what @ysiu of @animocabrands says about this topic on web3 deep dive podcast ➡️ https://t.co/gxCA44qSTa This is especially relevant today with the announcement of Asia’s first #Bitcoin futures inverse product, the… https://t.co/DHtdE7smJU
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. https://t.co/rCUutxNjyt
Asia's first inverse bitcoin ETF, which allows investors to bet on a fall in the cryptocurrency, is set to debut on Hong Kong's stock exchange on Tuesday. https://t.co/esZHI0rqtC
Hong Kong is set to launch Asia's first inverse Bitcoin exchange-traded fund (ETF), allowing investors to profit from declines in Bitcoin's price. The CSOP Bitcoin Futures Daily (-1x) Inverse Product will debut on the Hong Kong Stock Exchange tomorrow, July 23. This new financial product provides both retail and institutional investors with a regulated means to hedge and speculate on Bitcoin's price movements. However, mainland Chinese investors will be restricted from accessing these ETFs.
