See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission opened its market for ETFs tracking crypto futures on October 31, 2022, becoming the first Asian country. The latest step, according to the statement, will reportedly allow investors to track the price of both cryptocurrencies seamlessly.<\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n 3066.HK and 3068.HK reported $53.89 million and $19.74, respectively, as initial investments ahead of Friday\u2019s listing - with the listing price set at HKD 7.75 per unit, trading lot of 100, and management charges at 1.99%. The statement noted that the new offering is available at a minimum investment of USD 100.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission opened its market for ETFs tracking crypto futures on October 31, 2022, becoming the first Asian country. The latest step, according to the statement, will reportedly allow investors to track the price of both cryptocurrencies seamlessly.<\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Hong Kong will list Bitcoin and Ether exchange-traded funds (ETFs) on the Hong Kong Stock Exchange on December 16, 2022, issued by CSOP Asset Management Limited. According to a press release<\/a>, CSOP Bitcoin Futures ETF (3066. HK) and CSOP Ether Futures ETF (3068. HK) would invest in Chicago Mercantile Exchange (CME Group) listed BTC and ETH to track the performance of both cryptocurrencies.<\/p>\n\n\n\n 3066.HK and 3068.HK reported $53.89 million and $19.74, respectively, as initial investments ahead of Friday\u2019s listing - with the listing price set at HKD 7.75 per unit, trading lot of 100, and management charges at 1.99%. The statement noted that the new offering is available at a minimum investment of USD 100.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission opened its market for ETFs tracking crypto futures on October 31, 2022, becoming the first Asian country. The latest step, according to the statement, will reportedly allow investors to track the price of both cryptocurrencies seamlessly.<\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Ethereum is expected to encounter trendline support near $1,100 if it decides on another downside rally under the current bearish trend. In case the price breaks, the trendline support, the $1,000 price level will be considered as an ultimate support zone.<\/p>\n","post_title":"$ETH Remains Bearish And May Push $1000 By January 2023 \u2013 Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-remains-bearish-and-may-push-1000-by-january-2023-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:46:28","post_modified_gmt":"2023-04-10 07:46:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9154","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8856,"post_author":"13","post_date":"2022-12-17 18:28:41","post_date_gmt":"2022-12-17 07:28:41","post_content":"\n Hong Kong will list Bitcoin and Ether exchange-traded funds (ETFs) on the Hong Kong Stock Exchange on December 16, 2022, issued by CSOP Asset Management Limited. According to a press release<\/a>, CSOP Bitcoin Futures ETF (3066. HK) and CSOP Ether Futures ETF (3068. HK) would invest in Chicago Mercantile Exchange (CME Group) listed BTC and ETH to track the performance of both cryptocurrencies.<\/p>\n\n\n\n 3066.HK and 3068.HK reported $53.89 million and $19.74, respectively, as initial investments ahead of Friday\u2019s listing - with the listing price set at HKD 7.75 per unit, trading lot of 100, and management charges at 1.99%. The statement noted that the new offering is available at a minimum investment of USD 100.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission opened its market for ETFs tracking crypto futures on October 31, 2022, becoming the first Asian country. The latest step, according to the statement, will reportedly allow investors to track the price of both cryptocurrencies seamlessly.<\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n Furthermore, the Relative Strength Index has already held below 50 and moving under the 14 SMA level, suggesting a bearish momentum.<\/p>\n\n\n\n Ethereum is expected to encounter trendline support near $1,100 if it decides on another downside rally under the current bearish trend. In case the price breaks, the trendline support, the $1,000 price level will be considered as an ultimate support zone.<\/p>\n","post_title":"$ETH Remains Bearish And May Push $1000 By January 2023 \u2013 Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-remains-bearish-and-may-push-1000-by-january-2023-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:46:28","post_modified_gmt":"2023-04-10 07:46:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9154","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8856,"post_author":"13","post_date":"2022-12-17 18:28:41","post_date_gmt":"2022-12-17 07:28:41","post_content":"\n Hong Kong will list Bitcoin and Ether exchange-traded funds (ETFs) on the Hong Kong Stock Exchange on December 16, 2022, issued by CSOP Asset Management Limited. According to a press release<\/a>, CSOP Bitcoin Futures ETF (3066. HK) and CSOP Ether Futures ETF (3068. HK) would invest in Chicago Mercantile Exchange (CME Group) listed BTC and ETH to track the performance of both cryptocurrencies.<\/p>\n\n\n\n 3066.HK and 3068.HK reported $53.89 million and $19.74, respectively, as initial investments ahead of Friday\u2019s listing - with the listing price set at HKD 7.75 per unit, trading lot of 100, and management charges at 1.99%. The statement noted that the new offering is available at a minimum investment of USD 100.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission opened its market for ETFs tracking crypto futures on October 31, 2022, becoming the first Asian country. The latest step, according to the statement, will reportedly allow investors to track the price of both cryptocurrencies seamlessly.<\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n See Related:<\/em><\/strong> Hedera Hashgraph Price Prediction After Modest Recovery \u2013 HBAR Technical Analysis<\/a><\/p>\n\n\n\n The price has even dropped below the $1,200 mark and currently testing minor support around $1,180. There was a minimal increase above $1,192 since the price rose above the 23.6% Fibo retracement zone of the decline, from the $1,232 (swing high) to the $1,180 low.<\/p>\n\n\n\n Furthermore, the Relative Strength Index has already held below 50 and moving under the 14 SMA level, suggesting a bearish momentum.<\/p>\n\n\n\n Ethereum is expected to encounter trendline support near $1,100 if it decides on another downside rally under the current bearish trend. In case the price breaks, the trendline support, the $1,000 price level will be considered as an ultimate support zone.<\/p>\n","post_title":"$ETH Remains Bearish And May Push $1000 By January 2023 \u2013 Ethereum Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"eth-remains-bearish-and-may-push-1000-by-january-2023-ethereum-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 17:46:28","post_modified_gmt":"2023-04-10 07:46:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9154","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8856,"post_author":"13","post_date":"2022-12-17 18:28:41","post_date_gmt":"2022-12-17 07:28:41","post_content":"\n Hong Kong will list Bitcoin and Ether exchange-traded funds (ETFs) on the Hong Kong Stock Exchange on December 16, 2022, issued by CSOP Asset Management Limited. According to a press release<\/a>, CSOP Bitcoin Futures ETF (3066. HK) and CSOP Ether Futures ETF (3068. HK) would invest in Chicago Mercantile Exchange (CME Group) listed BTC and ETH to track the performance of both cryptocurrencies.<\/p>\n\n\n\n 3066.HK and 3068.HK reported $53.89 million and $19.74, respectively, as initial investments ahead of Friday\u2019s listing - with the listing price set at HKD 7.75 per unit, trading lot of 100, and management charges at 1.99%. The statement noted that the new offering is available at a minimum investment of USD 100.<\/p>\n\n\n\n Hong Kong\u2019s Securities and Futures Commission opened its market for ETFs tracking crypto futures on October 31, 2022, becoming the first Asian country. The latest step, according to the statement, will reportedly allow investors to track the price of both cryptocurrencies seamlessly.<\/p>\n\n\n\n Praising the step, the Global Head of Equity and FX Products at CME Group, Tim McCourt, said that the approvals of the two ETFs are important to the Asian investors. He added that the listings are driven by a growing demand for cryptocurrencies in the region, adding that it would create new opportunities for institutional and individual investors.<\/p>\n\n\n\n Per the announcement, the CSOP Ether ETF and CSOP Bitcoin ETF would be traded as a sub-fund of the CSOP ETF Series \u2013 managed under the country\u2019s financial laws. Both funds will reportedly be denominated in the US dollar.<\/p>\n\n\n\n CSOP Asset Management Limited was established in 2008 by a Chinese company. However, the asset manager notes that the new ETF products would not be available for investment by any Chinese legal persons following the sector's crackdown by the largest Asian economy.<\/p>\n\n\n\n \u2018\u2018The CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF are not being offered or sold directly or indirectly in Mainland China to or for the benefit of legal or natural persons of Mainland China.\u2019\u2019<\/em> The statement noted. \u2018\u2018No legal or natural persons of Mainland China may directly or indirectly purchase units of the CSOP Bitcoin Futures ETF or CSOP Ether Futures ETF without obtaining all prior government approvals of Mainland China,\u2019\u2019<\/em> It added.<\/p>\n","post_title":"Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-welcomes-first-bitcoin-ethereum-etfs-by-csop-asset-management","to_ping":"","pinged":"","post_modified":"2023-04-10 18:02:37","post_modified_gmt":"2023-04-10 08:02:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8856","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8665,"post_author":"8","post_date":"2022-12-05 19:59:40","post_date_gmt":"2022-12-05 08:59:40","post_content":"\n Ann Mugoiri<\/a>, a crypto and blockchain technical analysis specialist at CryptoPolitan<\/a>,<\/strong> has identified the $1,300 level as a deciding zone for Ethereum\u2019s upcoming trend as the price is struggling to keep up the bullish momentum near the critical resistance.<\/p>\n\n\n\n![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/12\/ETH-technical-analysis-ann-mugoiri.png\")
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