According to Odaily, global stock markets experienced significant declines this week, accompanied by a sharp drop in cryptocurrency values. Industry experts believe that inverse ETFs can assist investors in managing risks during market fluctuations, and it is anticipated that more related products will be introduced to the market gradually. OSL's Chief Financial Officer, Hu Zhenbang, highlighted the substantial potential of inverse ETFs in the digital asset market, noting that they can serve as risk management tools to help investors mitigate losses during periods of market volatility. He emphasized that for the digital asset ETF market to develop more rapidly and stably, a wider range of derivative products needs to be developed. This would cater to various types of investors and provide them with comprehensive and diversified investment portfolio strategies.
However, Hu Zhenbang pointed out that Hong Kong currently lacks regulated digital asset derivatives. If issuers in Hong Kong wish to develop such products, they may need to rely on tools listed on overseas exchanges, such as Bitcoin futures contracts offered by the Chicago Mercantile Exchange (CME). This reliance on overseas market tools means that investors in the Hong Kong market would need to use these tools to implement their investment strategies, which could increase the complexity and cost of trading.