CSOP Bitcoin Futures ETF asset management scale approaches HK$700 million and continues to hit new highs

As the price of Bitcoin rises, the asset management scale of the Southern Bitcoin Futures ETF, which is listed on the Hong Kong Stock Exchange under the Southern Dongying Company, has risen to $88.85 million, or about HK$693 million, since its issuance, reaching a new high. Data shows that the daily turnover of Southern Dongying Bitcoin Futures ETF reached HK$23.69 million on February 9, the highest since its listing. As of February 22 last week, the daily turnover was about $2.7 million, an increase of about 1.78 times compared to the daily turnover of $970,000 throughout 2023, reflecting an increased interest in virtual asset futures ETFs by investors. On Monday (February 26), the Southern Dongying Bitcoin Futures ETF closed at HK$20.54, up 0.88%.