Hong Kong funds seek approval for crypto-linked retail ETFs

City vies to become digital asset hub amid sector turmoil

20221206 HK

Exchange-traded funds dealing with cryptocurrency futures will allow investors to make transactions through regulated financial products. (Source photos by Reuters)

ECHO WONG and PAK YIU, Nikkei staff writers

HONG KONG -- Three asset management companies have applied to launch exchange-traded funds (ETFs) tracking cryptocurrency futures for retail investors in Hong Kong after the city signaled it would allow more local exposure to digital assets.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.