HSBC Breaks Ground: Hong Kongs Largest Bank Allows Customers to Trade Bitcoin and Ethereum ETFs

By Lola Coin Jun 26, 202376Views

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HSBC, the largest bank in Hong Kong, has become the first local financial institution to allow customers to buy and sell Bitcoin and Ethereum ETFs. This move will expand local users’ exposure to cryptocurrencies in Hong Kong. The ETFs available for trading include CSOP Bitcoin Futures ETF, CSOP Ethereum Futures, and Samsung Bitcoin Futures Active ETF. These funds were the first of their kind listed in Asia and provide exposure to Bitcoin prices through investments in futures products. In addition to this, HSBC has launched the Virtual Asset Investor Education Centre, which provides educational materials and risk disclosures for inexperienced individuals entering the cryptocurrency ecosystem. This program aims to help investors make informed decisions before hopping on the cryptocurrency bandwagon.

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