HKEX Launches Asia’s First Inverse Bitcoin Product: CSOP Bitcoin Futures Daily (-1x)

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10 months ago bitnews

On July 23, 2024, the Hong Kong Stock Exchange (HKEX) will introduce Asia’s first inverse Bitcoin product to investors. This innovative product, named “CSOP Bitcoin Futures Daily (-1x) Inverse Product” (7376 HK), is designed to react inversely to Bitcoin’s price movements. Notably, it will invest in the nearest Bitcoin futures contracts traded on the Chicago