HSBC, the largest bank in Hong Kong, is offering cryptocurrency exchange traded funds (ETFs) to its clients, reports say. Specifically, HSBC is allowing its customers to trade Bitcoin and Ethereum ETFs listed on the Hong Kong Stock Exchange. The banking behemoth is now the first bank to offer clients access to crypto ETFs in Hong Kong. Currently, Hong Kong lists three cryptocurrency ETFs: the CSOP Bitcoin Futures ETF, the CSOP Ethereum Futures ETF, and the Samsung Bitcoin Futures Active ETF.
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