{"id":62766,"date":"2022-06-10T18:55:41","date_gmt":"2022-06-10T15:55:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62766"},"modified":"2025-09-05T19:55:56","modified_gmt":"2025-09-05T16:55:56","slug":"samsung-asset-management-sets-date-for-asias-first-blockchain-etf","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/samsung-asset-management-sets-date-for-asias-first-blockchain-etf\/","title":{"rendered":"Samsung Asset Management Sets Date for Asia&#8217;s First Blockchain ETF"},"content":{"rendered":"<p>On June 23, Samsung Asset Management <a href=\"https:\/\/www.samsungetfhk.com\/wp-content\/uploads\/Samsung-ETFs-Trust-Prospectus-20220609.pdf\">\u0437\u0430\u043f\u0443\u0441\u0442\u0438\u0442<\/a> <span data-descr=\"exchange-traded fund\" class=\"old_tooltip\">ETF<\/span> focused on blockchain companies on the Hong Kong Stock Exchange.<\/p>\n<p>According to the prospectus, the product&#8217;s objective is to achieve long-term capital growth by investing in companies actively involved in the development and deployment of distributed ledger technology.<\/p>\n<p>Samsung Asset Management positions the blockchain ETF as &#8216;the first in Hong Kong and Asia&#8217;. Carmen Chung, head of the firm&#8217;s passive investments division, noted growing demand for blockchain-based applications and forecast industry growth in the future.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The need to process and store data is increasing as the digital world evolves. Going forward, blockchain will be widely used by various enterprises to improve data efficiency and security,&#8221; she noted.<\/p>\n<\/blockquote>\n<p>Earlier Samsung Asset Management <a href=\"https:\/\/www.kedglobal.com\/mergers-acquisitions\/newsView\/ked202204010025\">acquired<\/a> 20% stake in the American ETF provider Amplify Holding for $30 million. The latter launched Amplify Transformational Data Sharing ETF.<\/p>\n<p>In May, reports said that the listing of the instrument in South Korea <a href=\"https:\/\/forklog.com\/en\/news\/samsung-asset-management-to-launch-asias-first-blockchain-etf\">is not expected<\/a> due to regulatory restrictions.<\/p>\n<p>As reported in April, the ETF provider <a href=\"https:\/\/forklog.com\/en\/news\/blackrock-launches-etf-focused-on-blockchain-and-crypto-companies\">iShares launched an ETF<\/a> based on companies in the blockchain and cryptocurrency sectors.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 23, Samsung Asset Management will launch an ETF focused on blockchain companies on the Hong Kong Stock Exchange.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1585,1211],"class_list":["post-62766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-samsung","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=62766"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62766\/revisions"}],"predecessor-version":[{"id":62767,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/62766\/revisions\/62767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=62766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=62766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=62766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}