Samsung investment arm to launch Bitcoin Futures ETF amid rising crypto interest
1 min read
In Hong Kong, the bell rings for Bitcoin (
In 2022, Samsung Asset Management Hong Kong Limited held $1.4 bn assets under management, while the globally recognized brand of Samsung continues to be actively involved in the crypto space. The South Korean company, valued at over $300 billion, boasts a blockchain wallet while the flagship smartphone, Galaxy S22 comes with a preinstalled crypto.
The ETF is a further indication that the global brand is looking to capitalize on the growing interest in cryptocurrencies.
