Prolly nothing... https://www.kitco.com/news/2023-01-...aunch-a-Bitcoin-futures-ETF-in-Hong-Kong.html Samsung Asset Management to launch a Bitcoin futures ETF in Hong Kong Jordan Finneseth Thursday January 12, 2023 12:17 Kitco News (Kitco News) - Samsung Asset Management Hong Kong (SAMHK) is the latest firm to get involved in the Bitcoin (BTC) exchange-traded fund (ETF) space, as it has now been approved to list the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock market beginning Jan. 13. SAMHK is a subsidiary of Samsung’s investment arm Samsung Asset Management. Other products listed by the firm include the Global blockchain industry ETF and Asia Pacific Metaverse ETF. The new BTC futures ETF will track the spot price of Bitcoin by investing in Chicago Mercantile Exchange (CME) Bitcoin Futures and CME Micro-Bitcoin Futures. Its launch comes as interest from governments and institutional investors in the region is on the rise. The Hong Kong Stock Exchange is currently the only market in Asia that supports the trade of Bitcoin futures ETFs. Users of the exchange have access to the CSOP Bitcoin Futures ETF, which launched in December after raising $53.9 million. A performance report released by CSOP Asset Management on Jan. 11 shows that the CSOP Bitcoin Futures ETF product recorded around $12 million in overall trading volume since its launch, with a daily trading volume of $630,000. “Hong Kong is the only market in Asia where Bitcoin futures ETFs are listed and traded in the institutional market,” said Park Seong-jin, head of Samsung Asset Management Hong Kong. “It will be a new option for investors who are interested in Bitcoin as a competitive product that reflects their experience in risk management.” Retail and institutional investors in the region now have a new way to gain exposure to Bitcoin in a legally compliant manner without having to worry about taking self-custody or managing their own private keys. While many in the crypto community value the ability to hold their own assets, the wider investment community is more comfortable utilizing trusted custodians.