While the bank’s customers have been able to trade these investment products since they were listed on the Hong Kong Stock Exchange in December 2022, these ETFs were listed on HSBC Hong Kong’s “Easy Invest” mobile app on Monday, offering traders exposure to Bitcoin and Ethereum futures based on derivative contracts that trade on the Chicago Mercantile Exchange .
The offerings are CSOP Bitcoin Futures ETF and CSOP Ethereum Futures ETF, managed by CSOP Asset Management, and Samsung Bitcoin Futures Active ETF, managed by Samsung Asset Management Hong Kong. According to CSOP Asset Management, ETFs offer an “easy transparent way for investors to capture the performance” of digital assets.Related Articles
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Hong Kong's HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That's Not Really NewsSeveral crypto news outlets reported Monday that HSBC is giving its customers in Hong Kong access to bitcoin and ether ETFs, but they have in fact been able to trade such products since December. By JamieCrawleyCD
Source: CoinDesk - 🏆 291. / 63 Read more »