Odaily Planet Daily News: CSOP Asset Management (CSOP) will launch the first inverse ETF linked to cryptocurrency in the Asia-Pacific region in Hong Kong on Tuesday morning - CSOP Bitcoin Futures Daily (-1x) inverse product. Note: Inverse ETF, also known as short ETF or bear ETF, is an exchange-traded open-end index fund that uses leveraged investment tools such as stock index futures and swap contracts to achieve a certain multiple (such as -1, -2 or even -3) of the daily tracking target index returns.