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.
City vies to become digital asset hub amid sector turmoil
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Exchange-traded funds dealing with cryptocurrency futures will allow investors to make transactions through regulated financial products. (Source photos by Reuters)
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.