On January 10th, Eastern Time, the U.S. Securities and Exchange Commission officially approved the listing of 11 Bitcoin futures ETFs in the United States. In response to this, Li Xueheng, Director and Head of Hong Kong Distribution Sales at Southern Dongying Asset Management, said that with the regulatory agencies in the United States and Hong Kong accepting the issuance of virtual asset ETFs one after another, more funds will be attracted to use or increase virtual asset ETFs as investment tools for portfolio diversification and risk reduction, thereby further increasing market demand for Bitcoin. Due to the limited total supply of Bitcoin, an increase in demand could potentially drive up the price of Bitcoin. Li Xueheng cited data from Standard Chartered Bank, stating that it is expected to attract $50 billion to $100 billion in funds this year, and predicts that the price of Bitcoin will rise to $100,000 by the end of this year, further rising to $200,000 by the end of next year. Chung Jun, Investment Strategy Manager at Samsung Asset Management (Hong Kong), also stated that with Bitcoin having a 15-year history, as the U.S. Securities and Exchange Commission approves the issuance of futures ETFs, more institutional investors will be interested in investing and more countries will follow the U.S. in approving issuance, attracting more funds into the cryptocurrency market. Chung Jun pointed out that with the approval of Bitcoin futures ETFs, it will be easier for institutional investors and retail investors to allocate assets, but there is still a lot of investor education work to be done. Currently, Southern Dongying has two futures ETFs tracking virtual currencies, namely Southern Dongying Bitcoin Futures ETF (03066) and Southern Dongying Ethereum Futures ETF (03068). In addition, under Samsung Asset Management, there is also the actively managed Samsung Bitcoin Futures ETF (03135), which primarily invests in the spot CME Bitcoin futures.