CryptocurrenciesHong Kong's first crypto ETFs go public in milestone for hub ambitions
Products to challenge U.S. counterparts as focus shifts to Chinese investor access
Hong Kong is positioning itself as a hub for cryptocurrency trading, although regulators have stressed they "are not meant for every investor." © Reuters
PEGGY YE and KENSAKU IHARA, Nikkei staff writers
HONG KONG -- Six crypto-focused exchange-traded funds went public for the first time in Hong Kong on Tuesday, spelling potential competition for popular bitcoin products in the U.S. and symbolizing the city's ambition to become a hub for digital assets.