• Samsung Asset Management Hong Kong (SAMHK) has announced plans to list Samsung Bitcoin Futures Active ETF on the Hong Kong stock market starting January 13th.
• The Samsung Bitcoin Futures Active ETF seeks to provide economic exposure to BTC’s value by investing in Bitcoin futures products listed on the Chicago Mercantile Exchange (CME).
• The fund is a sub-fund of Samsung ETFs Trust III, an umbrella unit trust established under Hong Kong law.

Samsung Asset Management Hong Kong (SAMHK) has made plans to launch Samsung Bitcoin Futures Active ETF onto the Hong Kong stock market on January 13th, seeking to provide economic exposure to Bitcoin’s (BTC) value.

The fund is a sub-fund of Samsung ETFs Trust III, an umbrella unit trust established under Hong Kong law. It will allow both retail and institutional investors to gain exposure to Bitcoin futures products listed on the Chicago Mercantile Exchange (CME).

The ETF is backed by the vast resources of Samsung’s investment arm and is designed to provide investors with a convenient, cost-effective and easy way to gain exposure to Bitcoin’s price movements. The fund is expected to provide investors with a safe, transparent and accessible way to invest in the cryptocurrency.

The fund will also operate in accordance with the highest standards of financial security, with a focus on minimizing risks and ensuring compliance with applicable laws and regulations. All investments will be subject to ongoing reviews and regular risk assessments.

In addition, Samsung Asset Management Hong Kong has put in place several measures to ensure the safe management of the fund. It has engaged independent custodians to ensure that all of the fund’s assets are held securely. It has also established a system of internal controls, as well as an independent auditor, to ensure the proper functioning of the fund.

The fund’s listing on the Hong Kong stock market provides investors with an opportunity to gain exposure to the cryptocurrency market without having to purchase or store Bitcoin directly. Investors can now conveniently and securely gain exposure to the world’s largest cryptocurrency, without having to worry about security or regulatory concerns.

Samsung’s Bitcoin ETF is the latest in a series of moves by the company to expand its presence in the cryptocurrency space. The company recently announced the launch of its own blockchain network, which is expected to enable the development and deployment of decentralized applications.

With the listing of Samsung’s Bitcoin ETF, the cryptocurrency market is set to receive another major boost. This move will open up the cryptocurrency market to a wider range of investors, while providing them with an accessible and secure way to gain exposure to Bitcoin’s price movements. With this new ETF, Samsung is once again demonstrating its commitment to innovation and providing investors with a safe and convenient way to invest in the cryptocurrency market.

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