Southern Eastern Ying will launch Bitcoin and Ethereum futures virtual asset ETF on the Hong Kong Stock Exchange on the 16th of this month

ChainCatcher news, Southern Eastern Asset Management Co., Ltd. will launch the first virtual asset ETFs in Asia: Southern Eastern Bitcoin Futures ETF (3066.HK) and Southern Eastern Ethereum Futures ETF (3068.HK), which are scheduled to officially list and trade on the Hong Kong Stock Exchange on December 16.

It is reported that these two ETF products do not directly invest in virtual assets, but instead primarily invest in Bitcoin futures and Ethereum futures on the Chicago Mercantile Exchange, adopting an active investment strategy to achieve long-term capital growth. (Source link)