Hong Kong Operators Urge Swift Approval of Virtual Asset Spot ETF to Avoid Boosting US Capital

With the recent strong rise of Bitcoin, both of Hong Kong’s existing Bitcoin futures ETFs have reached new highs, compared to our report in June last year. Samsung Asset Management’s assets under management have grown from $4.39 million at that time to $16.82 million today, while CSOP Asset Management’s assets have grown from $27.79 million to $118 million, an increase of more than four times. The monthly returns are 51.77% and 44.38% respectively.