CryptocurrenciesChinese fund managers apply to launch Hong Kong's first bitcoin ETFs
City aims to boost appeal by expanding access to crypto assets
A woman stands at the counter of a Crypto HK office in Hong Kong in January. The city looks set to welcome bitcoin exchange-traded funds. © Reuters
ECHO WONG, Nikkei staff writer
HONG KONG -- At least two Chinese fund managers have applied to launch bitcoin exchange-traded funds (ETFs) in Hong Kong, as the city looks to burnish its financial hub credentials by following the U.S. in allowing widely accessible products tied to cryptocurrency assets.