#crypto news update :
Hong Kong's largest bank, #HSBC , has launched #bitcoin and $ETH ETF trading for its clients. This makes HSBC the first lender in Hong Kong to allow its customers access to digital asset derivatives.
The ETFs, which are traded as securities, are the CSOP Bitcoin Futures ETF, the CSOP Ethereum Futures ETF, and the Samsung Bitcoin Futures Active ETF. They are traded on the Hong Kong Stock Exchange (HKEX).
The launch of the ETFs is seen as a sign of growing institutional interest in cryptocurrencies. HSBC has said that it is committed to providing its customers with access to a wide range of investment products, including cryptocurrencies.