The Hong Kong representative office of HSBC bank has opened opportunities for their clients to invest in crypto funds centered around Bitcoin (BTC) and Ether (ETH).
This includes the CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETH, and Samsung Bitcoin Futures Active ETF tools.
HSBC bank is the first major bank to offer this in Hong Kong and it is doing this in accordance with Hong Kong’s commitment to create a crypto hub in the city.
In June, licensed cryptocurrency exchanges started serving Hong Kong investors, as the Monetary Authority aims to accelerate the legalization of the industry.
With these Hong Kong-listed crypto ETFs, institutional investors can obtain access to the blockchain industry.
Furthermore, the bank has also opened an educational center to provide knowledge to those who are interested in learning more about digital currencies.
