Huobi Crypto Exchange Launches an ETF

“Subscription for the HUOBI 10 index tracker product HB10 will launch on 10:00am June 1st (UTC+8) through Huobi Pro. This index product is designed to fully replicate the HUOBI 10 Index and will be rebalanced based on the constituent coin trading pairs and their weight changes,” according to Huobi. “HB10 will help users attain exposure to the digital assets market with a relatively small capital outlay and also provide users with greater diversification across constituent coin trading pairs.

Overall, the tracker product will help users who are interested in blockchain technology to trade the broad digital assets market.”

Huobi has offices in Hong Kong, Seoul, Singapore and Tokyo.

For more information on the cryptocurrency, visit our Bitcoin category.