CSOP Asset Management, a Hong Kong-based asset management company, continues to introduce Bitcoin to citizens.
According to local sources, CSOP Asset Management has started advertising for Bitcoin on public transportation vehicles in Hong Kong.
One of the company’s published advertisements emphasized that Bitcoin gained 45% in value within the first two months of this year.
The company, established in 2008, operates the CSOP Bitcoin Futures ETF in Hong Kong, which invests in bitcoin futures contracts. The fund, which started trading on the stock exchange in 2022, has a value of over $114 million.
Last year, Hong Kong’s central bank announced that applications for spot Bitcoin ETFs would be considered. Several China-based companies have applied to the Securities and Futures Commission to establish these ETFs.
