Csop Launches Asia’S First Inverse Bitcoin Etf In Hong Kong
CSOP Launches Asia’s First Inverse Bitcoin ETF in Hong Kong Written by Shipra Sanganeria Cybersecurity & Tech Writer Fact-Checked by Justyn Newman Former Lead Cybersecurity Editor China Southern Asset Management Co., Ltd (CSOP) launched Asia Pacific region’s first crypto-linked inverse exchange-traded funds (ETFs) in Hong Kong, today. The ETF — CSOP Bitcoin Futures Daily (-1x) Inverse Product — open for trading on Hong Kong Exchanges and Clearing (HKEX) allows investors to profit from downward price movements of the world’s largest cryptocurrency token....