Samsung Asset Management (SAMHK) has just announced the future launch of the Samsung Blockchain Technologies ETF set to launch on June 23 on the Hong Kong Stock Exchange. The goal of the ETF is to gain long-term growth through companies actively involved in the development and innovation of blockchain technologies. A quote from SAMHK states, “The demand of data processing and storage will expedite with the evolution of our digital world. Blockchain technologies will further be widely used for different businesses to improve data efficiency, security and shorten the accessibility time. We see this as one of the future trends on digital transformation.”
This new ETF will be the first blockchain ETF in Hong Kong.