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Hong Kong crypto ETFs come loaded with features

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The newly launched products follow the U.S.'s spot bitcoin funds, but show a deeper embrace of crypto, and ETF innovation.

spot bitcoin and ether ETFsHong Kong's securities and futures regulator approved a bevy of such exchange-traded funds weeks ago, and now six ETFs — half of them bitcoin, half ether — are vying for fresh dollars."I certainly do not think we just followed the U.S.

"If you look at the overall Hong Kong ETF markets, retail investors actually play a very important role," he says. "Once liquidity reaches a certain level, we can see large institutional investors start coming into the fund."Hong Kong's crypto ETF market might still be smaller than the U.S.'s even if that happens, but that trading ecosystem will be richer in products.

 

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