CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"We are delighted to introduce the HKEX Virtual Asset Index Series to meet the region's growing demand for this fast-emerging asset class. By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will, in turn, support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center.\u201d<\/em><\/p>\n\n\n\n The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
HKEX says<\/a> the index gives investors a transparent and reliable benchmark for BTC and ETH pricing in the Asian time zone. CEO Bonnie Y Chan said:\u00a0<\/p>\n\n\n\n \"We are delighted to introduce the HKEX Virtual Asset Index Series to meet the region's growing demand for this fast-emerging asset class. By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will, in turn, support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center.\u201d<\/em><\/p>\n\n\n\n The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Exchanges and Clearing (HKEX) is set to debut a virtual asset index series on November 15. The Index Series includes a Reference Index and a Reference Rate for Bitcoin (BTC) and Ether (ETH) assets.<\/p>\n\n\n\n HKEX says<\/a> the index gives investors a transparent and reliable benchmark for BTC and ETH pricing in the Asian time zone. CEO Bonnie Y Chan said:\u00a0<\/p>\n\n\n\n \"We are delighted to introduce the HKEX Virtual Asset Index Series to meet the region's growing demand for this fast-emerging asset class. By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will, in turn, support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center.\u201d<\/em><\/p>\n\n\n\n The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Exchanges and Clearing (HKEX) is set to debut a virtual asset index series on November 15. The Index Series includes a Reference Index and a Reference Rate for Bitcoin (BTC) and Ether (ETH) assets.<\/p>\n\n\n\n HKEX says<\/a> the index gives investors a transparent and reliable benchmark for BTC and ETH pricing in the Asian time zone. CEO Bonnie Y Chan said:\u00a0<\/p>\n\n\n\n \"We are delighted to introduce the HKEX Virtual Asset Index Series to meet the region's growing demand for this fast-emerging asset class. By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will, in turn, support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center.\u201d<\/em><\/p>\n\n\n\n The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Exchanges and Clearing (HKEX) is set to debut a virtual asset index series on November 15. The Index Series includes a Reference Index and a Reference Rate for Bitcoin (BTC) and Ether (ETH) assets.<\/p>\n\n\n\n HKEX says<\/a> the index gives investors a transparent and reliable benchmark for BTC and ETH pricing in the Asian time zone. CEO Bonnie Y Chan said:\u00a0<\/p>\n\n\n\n \"We are delighted to introduce the HKEX Virtual Asset Index Series to meet the region's growing demand for this fast-emerging asset class. By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will, in turn, support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center.\u201d<\/em><\/p>\n\n\n\n The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Hong Kong Exchanges and Clearing (HKEX) is set to debut a virtual asset index series on November 15. The Index Series includes a Reference Index and a Reference Rate for Bitcoin (BTC) and Ether (ETH) assets.<\/p>\n\n\n\n HKEX says<\/a> the index gives investors a transparent and reliable benchmark for BTC and ETH pricing in the Asian time zone. CEO Bonnie Y Chan said:\u00a0<\/p>\n\n\n\n \"We are delighted to introduce the HKEX Virtual Asset Index Series to meet the region's growing demand for this fast-emerging asset class. By offering transparent and reliable real-time benchmarks, we seek to enable investors to make informed investment decisions, which will, in turn, support the development of the virtual asset ecosystem and reinforce Hong Kong's role as an international financial center.\u201d<\/em><\/p>\n\n\n\n The Index Series will be administered by CCData, a UK-registered benchmark creator, and will comply with EU benchmark regulations.<\/p>\n\n\n\n See Related: <\/em><\/strong>Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23<\/a><\/p>\n\n\n\n HKEX says that its Index Series cements Hong Kong's focus on becoming a leader in digital assets exploration in Asia. In April, HKEX debuted the first spot in Bitcoin ETF, although the reception has been lackluster.\u00a0<\/p>\n\n\n\n Meanwhile, Hong Kong continues to invest in digital assets in a bid to become the crypto hub in Asia. Authorities expect to grant more digital asset exchange licenses before the end of 2024. This comes after several on-site inspections of the exchange platforms amid concerns about their inability to meet the minimum regulatory thresholds.\u00a0<\/p>\n\n\n\n Eric Yip, director of Hong Kong's Securities and Futures Commission (SFC), says they will be granted restricted exchanges once the exchanges align with its recommendations. These restrictions will be removed after the exchanges undergo further third-party reviews. The regulator expects further consultations and collaborations with the exchanges by early 2025.<\/p>\n","post_title":"Hong Kong Exchanges And Clearing To Debut A Crypto Index In November","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hong-kong-exchanges-and-clearing-to-debut-a-crypto-index-in-november","to_ping":"","pinged":"","post_modified":"2024-11-01 18:50:50","post_modified_gmt":"2024-11-01 07:50:50","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19324","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17925,"post_author":"21","post_date":"2024-07-26 22:19:56","post_date_gmt":"2024-07-26 12:19:56","post_content":"\n The Hong Kong Stock Exchange (HKEX) is set to list the CSOP Bitcoin Future Daily (-1x) Inverse Product on July 23. The ETF by CSOP Asset Management allows investors to profit from the declines in the price of Bitcoin.<\/p>\n\n\n\n According to the company's announcement<\/a>, the ETF \"aims to provide investment results that, before fees and expenses, closely correspond to the one-time inverse daily performance of the S&P Bitcoin Futures Index (the \"Index\").\"<\/em><\/p>\n\n\n\n The inverse product will be listed at about 7.8 Hong Kong dollars per unit. The ETF will be the first of its kind in Asia.<\/p>\n\n\n\n See Related: <\/em><\/strong>Hong Kong Welcomes First Bitcoin, Ethereum ETFs By CSOP Asset Management<\/a><\/p>\n\n\n\n CSOP says the new inverse Bitcoin ETF follows its 2022 breakthrough in its Bitcoin Futures ETF. Consequently, the launch underscores CSOP's continued expansion in the Asia-Pacific region. Similarly, HKEX has become a hub<\/a> for crypto ETFs since late 2022.<\/p>\n\n\n\n Zeta Markets founder Tristan Frizza believes products like inverse ETFs can potentially balance speculative activities. He says the products can increase market stability and contribute to the acceptance of crypto as an asset class.<\/p>\n","post_title":"Asia's First Bitcoin Futures Inverse ETF To Debut On HKEX On July 23","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"asias-first-bitcoin-futures-inverse-etf-to-debut-on-hkex-on-july-23","to_ping":"","pinged":"","post_modified":"2024-07-26 22:20:19","post_modified_gmt":"2024-07-26 12:20:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17925","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n
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Index Supports Hong Kong\u2019s Pursuit Of Asia\u2019s Crypto Hub Status<\/h2>\n\n\n\n
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Launch Of CSOP Bitcoin Futures ETF<\/h2>\n\n\n\n