Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express By Cointelegraph
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industrys most important developments.
On Jan. 13, Samsung (KS:) Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung Active ETF on the Hong Kong Stock Exchange. According to local news outlet Edaily, the ETF debuted under the ticker 3135:HK and seeks to replicate the performance of spot by investing in Bitcoin futures listed on the Chicago Mercantile Exchange (CME).
Read More: Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express By Cointelegraph
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