Recently, a large number of users in mainland China received promotional advertisements for cryptocurrency funds on the Alipay homepage, with content stating 'Global investment, cryptocurrency surge, starting from 10 yuan, get on board immediately.' Clicking shows that the fund is Huabo Overseas Technology C (QDII-FOF-LOF), which is a compliant investment model for overseas assets, investing in ETFs managed by ARK Invest, where the ETF's top holding is Coinbase stock, followed by Ark Bitcoin spot ETF. Currently, each person is limited to purchasing 1,000 yuan per day.
The promotional page states that cryptocurrency is a type of digital currency based on blockchain technology, with Bitcoin being the most famous cryptocurrency. However, there are currently thousands of different cryptocurrencies on the market, each with its own unique features and uses. The characteristics of cryptocurrencies include decentralization, high security, and anonymity. Historically, long-duration assets may perform better after a rate cut cycle officially begins. For example, companies focused on disruptive innovations such as cryptocurrencies, space exploration, and genetic innovation are more sensitive to interest rates and may benefit during a period of declining rates.
The community pointed out that similar cryptocurrency advertisements also appeared in other similar funds on Alipay.
