1 min read android

Samsung launches bitcoin-ETF on Hong Kong stock exchange

Samsung launches bitcoin-ETF on Hong Kong stock exchange
Photo by Ravi Sharma / Unsplash

Samsung Asset Management plans to launch a bitcoin-ETF on the Hong Kong stock exchange. The company attributed the new product to increased demand from both institutional and retail investors.

"Samsung Bitcoin Futures Active ETF will track BTC spot price movements. The fund invests only in bitcoin-based futures products listed on the Chicago Mercantile Exchange (CME).

You might also like...

Oct
03
Competitor to OpenAI o1: Google Developing a New AI Model That Thinks Like a Human

Competitor to OpenAI o1: Google Developing a New AI Model That Thinks Like a Human

Google is actively working on a new artificial intelligence model that has the potential to mimic human thinking. This information
2 min read
Oct
01
A Historic First: Charlotte Hanneman Becomes the First Female Top Executive in Philips' 133-Year History

A Historic First: Charlotte Hanneman Becomes the First Female Top Executive in Philips' 133-Year History

In a groundbreaking development for one of the world’s leading health technology companies, Philips, a woman has been appointed
2 min read
Sep
26
MSI Unveils New Devices Inspired by S.T.A.L.K.E.R. 2: Heart of Chornobyl - A Deep Dive into the Collaboration with GSC Game World

MSI Unveils New Devices Inspired by S.T.A.L.K.E.R. 2: Heart of Chornobyl - A Deep Dive into the Collaboration with GSC Game World

MSI, a renowned name in the gaming accessories industry, has recently unveiled an exciting teaser for a new line of
4 min read
Sep
24
Scientists Create Innovative Technology That Boosts Computer Efficiency by 100 Times: A Revolution in Data Processing

Scientists Create Innovative Technology That Boosts Computer Efficiency by 100 Times: A Revolution in Data Processing

In today's fast-paced world, where data processing speed is critical for various industries, Finnish company Flow Computing has unveiled a
3 min read
Sep
17
Amazon Employees Required to Return to Offices Starting January 2025: Key Exceptions and Impact on Workforce Productivity

Amazon Employees Required to Return to Offices Starting January 2025: Key Exceptions and Impact on Workforce Productivity

Amazon has announced a significant change in its work policy, requiring employees to return to the office for five days
5 min read
GrowthNowGeek © 2024