The assets under management of Hong Kong's largest Bitcoin futures ETF have grown fivefold since last October
On February 29, according to Reuters, Hong Kong's largest Bitcoin futures ETF saw its assets under management increase fivefold in the past five months, surpassing $100 million as local investors chase the rise of the world's most famous cryptocurrency. Hong Kong approved its first three cryptocurrency futures ETFs at the end of 2022. CSOP Asset Management Company, which manages the CSOP Bitcoin Futures ETF (3066.HK), stated that there was a significant increase in demand in February.
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