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Hong Kong to launch Asia’s first inverse Bitcoin ETF

CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Hong Kong to launch Asia’s first inverse Bitcoin ETF

CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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