In the financial market, Southern ** has achieved the feat of doubling in less than a year with its Bitcoin ETF, which has not only attracted wide attention in the market, but also become a major milestone in the history of public offerings. So, how did this ** achieve this result?
The success of the CSOP Bitcoin ETF stems from its accurate market judgment and active management strategy. In November 2022, Bitcoin experienced its biggest loss in history**, falling by 77% from $69,000 to $15,476. During this market downturn, many investors were pessimistic about the future of Bitcoin, but the South** chose a different path.
When Bitcoin hit a low, a subsidiary of Southern Bitcoin decided to launch an ETF that invests in Bitcoin** - Southern Bitcoin ETF. The ETF was listed on the Hong Kong Stock Exchange on 16 December 2022 with an initial listing** of 7. per unit75 Hong Kong dollars, which is considered to be the "bottom" of Bitcoin.
In the year that followed, the Bitcoin market gradually**. Thanks to the shift in market sentiment and the growing interest of Bitcoin among institutional investors and listed companies, Bitcoin** reached 4$70,000, the highest in 21 months. At the same time, the Southern Bitcoin ETF climbed to 15. per unit5 Hong Kong dollars, doubling the growth.
The key to the CSOP Bitcoin ETF's remarkable results lies in its actively managed strategy. Different from passive investment strategies, the manager of the Southern Bitcoin ETF flexibly adjusts the portfolio according to market changes, and is committed to tracking the trend of Bitcoin, rather than simply copying a certain index or benchmark. This strategy allows you to better capitalize on market opportunities to outperform in the volatile cryptocurrency market.
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