Hong Kong is set to start trading the first wave of Bitcoin and Ether exchange-traded funds (ETFs) on April 30, following official approval from the Securities and Futures Commission (SFC). This first batch includes Bitcoin and Ether-based ETFs from China Asset Management (ChinaAMC). These ETFs will provide retail and institutional investors with a safer, more convenient method of investing in digital assets under a regulated framework. The move is expected to attract coin holders by offering the ease of converting coins to fully regulated ETFs managed by professional fund managers and regulated custodians.