Samsung asset management and ETFs have a history that goes way back.
The investment arm of the Korean communications house has always tried to go down the road of these financial instruments as a means to success.
Is a Bitcoin ETF coming soon from Samsung?
Back at the beginning of the year, the Samsung Group Investment fund wanted to list a Bitcoin ETF by 2022.
The instrument was to be listed on one of Asia’s major exchanges, namely the Hong Kong exchange.
The news at the time of the event was reported by the Korea Economic Daily news agency, according to which the listing was to take place by June this year.
In late March, the South Korean investment company acquired 20% of the ETF Amplify Holding Company LLC and the idea was to launch a new Bitcoin ETF similar to the same company’s BLOK fund.
The ETF that served as an inspiration was an instrument that was listed in May last year and involves investing 80% of net assets in securities of companies related to blockchain
We współpracy z: https://en.cryptonomist.ch/2022/12/08/samsung-tries-way-bitcoin-etf/
