Hong Kong Launches Asia’s First Inverse Bitcoin ETF, Allowing Investors to Short BTC

Hong Kong is set to launch the Asia-Pacific region’s first crypto-linked inverse ETF. The CSOP Bitcoin Futures Daily (-1x) Inverse Product is expected to attract between $50 million and $100 million in assets. The launch of the inverse ETF comes as Bitcoin surges to $68,480, with hopes of $100K. Hong Kong is set to launch The post Hong Kong Launches Asia’s First Inverse Bitcoin ETF, Allowing Investors to Short BTC appeared first on Coin Edition .

Source: Coin Edition