Hong Kong’s largest Bitcoin ETF assets up five-fold since October

Hong Kong’s largest Bitcoin ETF assets up five-fold since October

Hong Kong’s largest bitcoin futures exchange-traded fund saw its assets under management swell five-fold in the past five months to just over $100 million, as local investors chased the rally in the world’s best-known cryptocurrency.

Average daily turnover for the CSOP Bitcoin Futures ETF this year has jumped to $2.8 million compared to $0.97 million last year.