Samsung Fund Unit Considers More Hong Kong Crypto Products After ETF
- Samsung Asset Management rolling out futures-based Bitcoin ETF
- Firm might consider starting spot Bitcoin fund if rules change
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Samsung Asset Management indicated the firm could consider starting a spot Bitcoin exchange-traded fund in Hong Kong if the city allows such products under a push to become an Asia-Pacific center for crypto.
The company is launching the futures-based Samsung Bitcoin Futures Active ETF in Hong Kong on Friday and is monitoring the territory’s changing rule book for digital assets in case a path opens up to a product investing directly in coins.