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Hong Kong Just Launched an Investment Product So Crazy Even Warren Buffett Would Lose His Mind Trying to Understand What Happened Next

An illustration showing an investor wearing sunglasses and holding onto a rocket ship with flames coming out of its back as it blasts off into space while in front of them there's a giant bitcoin symbol crashing down towards earth amidst clouds of smoke and debris; above their head, two opposing arrows are pointing up and down respectively. The background is filled with stars and planets moving rapidly past the scene. In the distance, Hong Kong cityscape can be seen as it glows brightly in shades of blue and purple hues at night time.

What’s next? A Hong Kong-based casino offering inverse Bitcoin craps tables where you can bet on losing your shirt while trying not to lose it all at once! The latest financial innovation in a city that has mastered the art of creating new ways for people to part with their money, especially when they least expect it. Who needs boring old stocks and bonds when you have Inverse Bitcoin ETFs? It’s like investing in a Ponzi scheme but without the charm

Source: bitcoin.com

CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already available, further establishing the city as an international crypto market. Many cryptocurrency products are appearing in Hong Kong, a city pushing to become an international cryptocurrency hub. […]

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