Are Inverse Bitcoin ETFs the New Investment Trend in Asia? Hong Kong Leads the Way

CoinMarketCap07-24

Key Points Hong Kong launches Asia’s first inverse Bitcoin ETF, allowing investors to profit from Bitcoin’s volatility. The ETF is set to debut on the Hong Kong Stock Exchange on July 23rd. Hong ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2453404818?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/1721a940c8944a2484b39322a0507039.png","is_english":true,"pubTime":"2024-07-24 10:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2453404818","market":"us","top_or_hot":-1,"title":"Are Inverse Bitcoin ETFs the New Investment Trend in Asia? Hong Kong Leads the Way","media":"CoinMarketCap","content":"<div>\n<p>Key Points\n\nHong Kong launches Asia’s first inverse Bitcoin ETF, allowing investors to profit from Bitcoin’s volatility.\nThe ETF is set to debut on the Hong Kong Stock Exchange on July 23rd.\n\nHong ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66a064c01ea0a36b5014920e/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Are Inverse Bitcoin ETFs the New Investment Trend in Asia? Hong Kong Leads the Way</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAre Inverse Bitcoin ETFs the New Investment Trend in Asia? Hong Kong Leads the Way\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-24 10:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/66a064c01ea0a36b5014920e/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nHong Kong launches Asia’s first inverse Bitcoin ETF, allowing investors to profit from Bitcoin’s volatility.\nThe ETF is set to debut on the Hong Kong Stock Exchange on July 23rd.\n\nHong ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/66a064c01ea0a36b5014920e/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITB","symbol_name":"Bitwise Bitcoin ETF","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/66a064c01ea0a36b5014920e/","article_id":"2453404818","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/1721a940c8944a2484b39322a0507039.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2453404818","pubTimestamp":1721787582,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Key Points Hong Kong launches Asia’s first inverse Bitcoin ETF, allowing investors to profit from Bitcoin’s volatility. The ETF is set to debut on the Hong Kong Stock Exchange on July 23rd. H","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITB":"Bitwise Bitcoin ETF","GBTC":"Grayscale Bitcoin Trust","BRRR":"Valkyrie Bitcoin Fund","BTCO":"Invesco Galaxy Bitcoin ETF","IBIT":"iShares Bitcoin Trust","EZBC":"Franklin Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","BITO":"ProShares Bitcoin Strategy ETF ","FBTC":"Fidelity Wise Origin Bitcoin Fund","FDN":"First Trust Dow Jones Internet I","BK4585":"ETF&股票定投概念","BK4588":"碎股","HODL":"VanEck Bitcoin Trust ETF","BK4550":"红杉资本持仓","DEFI":"Hashdex Bitcoin ETF"},"translate_title":"反向比特币ETF是亚洲新的投资趋势吗？香港一马当先","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTCO":1,"IBIT":1,"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"DEFI":1,"BTCW":1,"BITB":1,"BRRR":1,"BITO":1,"FDN":0.9},"content_text":"Key Points\n\nHong Kong launches Asia’s first inverse Bitcoin ETF, allowing investors to profit from Bitcoin’s volatility.\nThe ETF is set to debut on the Hong Kong Stock Exchange on July 23rd.\n\nHong Kong has made a splash in the cryptocurrency world by introducing Asia’s first inverse Bitcoin ETFs. These ETFs are set to begin trading on the Hong Kong Stock Exchange on July 23rd.\nAsia’s First Inverse BTC ETF\nThe new fund, named CSOP Bitcoin Futures Daily (-1x) Inverse product, differs from traditional ETFs. It allows investors to bet against the market, thereby profiting from a decrease in Bitcoin’s prices.\nBitcoin’s volatility has been significant since the introduction of Bitcoin ETFs. This volatility is what the ETF seeks to leverage, with the aim of delivering profits that are the opposite of the daily S&P Bitcoin futures index.\nImplications for Investors\nThe inverse ETF offers investors who are wary of Bitcoin due to its market volatility a way to manage their risks. Additionally, it provides a new way for investors to profit in bearish market conditions.\nHowever, CSOP has cautioned investors that such investments could drop by more than 20% in a single day, leading to substantial losses.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.3","shortVersion":"4.26.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2453404818"}