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  • 1 Post By Elefant&Castle

Blockchain related EFT being listed in HK

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  1. #1

    Join Date
    Oct 2006
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    Hong Kong
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    Blockchain related EFT being listed in HK

    https://www.scmp.com/business/bankin...gtype=homepage

  2. #2

    Join Date
    Dec 2002
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    Not much info in terms of its holdings.

    https://www.samsungetfhk.com/product/3171/


  3. #3

    It is one for the crypto haters

    The top 10 holdings of the ETF are likely to include US-listed exchange CME Group, which offers bitcoin futures contracts, cryptocurrency banking group Silvergate, and IBM. It will also invest in other cryptocurrency-related ETFs such as Proshares Bitcoin Strategy ETF listed in New York.

    The ETF will seek to invest in up to 60 companies, and will debut on the Hong Kong stock exchange at a listing price of US$2. It will, however, be traded in Hong Kong dollars in lots of 50 units.
    https://finance.yahoo.com/news/samsu...093000780.html
    shri likes this.

  4. #4

    Join Date
    Oct 2006
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    Hong Kong
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    0.85% fees. Damn quite high. Haven't looked into it in detail but with fees like that suggests it will be actively managed.


  5. #5

    Join Date
    Dec 2002
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    Page 143 onwards ..

    https://www.samsungetfhk.com/wp-cont...-4.pdf?noembed

    I suspect these offerings are more geared towards south bound money flows.