Taiwan's first case》Fubon to launch Bitcoin ETF fund "Dual Core Strategic Multi-Asset ETF" in August

Fubon Credit will launch Taiwan's first multi-asset fund included in a Bitcoin ETF on August 4, with a portfolio of trending industry stocks, investment grade bonds, government bonds, REITs, as well as gold-backed ETFs and Bitcoin ETFs. (Synopsis: Legislators scolded: Taiwan's "anti-fraud national team" manslaughter experts, encrypted KOLs!) The moving area IG is also inexplicably locked) (Background supplement: New system of the FSC: transfer intends to forcibly disclose the "payee's name" to reduce the risk of transaction errors and fraud) Fubon Investment Credit announced this week that it will launch the "Fubon Dual Core Strategic Multi-asset Fund" on August 4, becoming the first multi-asset fund in Taiwan to officially include Bitcoin ETF as a strategic allocation. According to the official press release, the move comes against the backdrop of investors seeking diversified hedging and asset preservation options due to geopolitical risks and dollar confidence in global financial markets. Multiple asset allocation to cope with market uncertainty Fubon Investment Credit explained that the fund will incorporate the two core allocation logics of "corporate profit driven" and "geopolitical risk driven", and introduce its own GTS global turmoil signal to dynamically adjust and control risks by monitoring non-traditional financial factors such as global news, legislative actions and policy changes. The fund portfolio includes trending industry stocks, investment grade bonds, government bonds, REITs, as well as gold ETFs and Bitcoin ETFs to diversify national and industry risks. Bitcoin ETF included in compliance After the HKMA announced the investment regulations for virtual asset ETFs on February 24 this year, the inclusion of Bitcoin ETFs has become a compliant and feasible innovative allocation. Fubon Investment Credit stressed that the recent rise in gold and bitcoin prices reflects the market's increased demand for hedging and asset preservation. Taiwanese retail investors have not yet been able to buy Bitcoin ETFs directly Since September 2024, the Taiwan Financial Regulatory Commission has opened up the ability to invest in overseas Bitcoin spot ETFs through re-entrustment, but it is currently only open to "professional investors" and has not yet been fully opened to general retail investors. Peng Jinlong, chairman of the FSC, made it clear that he would take half a year as the observation period and decide whether to expand the opening to general investors based on market performance and risk assessment. At present, the policy direction is prudent and gradual, first observing the participation of professional investors and market risk control, and then considering whether to allow retail investors to participate. It reflects the cautious attitude of Taiwan's regulatory authorities towards the risks of virtual asset investment. However, although retail investors cannot buy directly, there are several alternatives: Open an overseas brokerage account: Many retail investors choose to open their own accounts on platforms such as Firstrade, Charles Schwab or IBKR and deposit funds in foreign currency. However, you need to bear the exchange rate difference and cross-border tax yourself. Cash or commodity substitution: You can also buy Bitcoin spot directly, or trade and keep it through a legal cryptocurrency platform in Taiwan. However, this is not an ETF investment, but a direct holding of the crypto asset itself. Related reports New system of the FSC: Transfer intends to forcibly disclose the "payee's name" to reduce the risk of transaction errors and fraud Why the Federal Bank blocks the agreed transfer: The proportion of encrypted accounts becoming warning accounts is too high, and it is difficult to check the flow of fraudulent funds Taiwan's encryption law "Virtual Asset Service Law" public hearing 6 key points: unlicensed businesses if involved in fraud aggravate treatment! "Taiwan's first case" Fubon listed in August into the bitcoin ETF fund "dual-core strategic multi-asset ETF" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".