UBS lets wealthy clients trade cryptocurrency ETFs in Hong Kong
UBS Group, along with HSBC Holdings and other companies, will allow Hong Kong customers to trade some exchange-traded funds linked to cryptocurrencies. An anonymous source said that from Friday, wealthy clients will be able to buy three cryptocurrency ETFs authorized by the Securities and Futures Commission on UBS Hong Kong's platform. The source said that the Swiss bank includes the Samsung Bitcoin Futures Fund, the Southern Dongying Bitcoin Futures Fund, and the Southern Dongying Ether Futures ETF, and added that customers can also access educational materials to understand the risks. UBS currently refuses to comment on the matter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Paul Atkins on Crypto: Why Clear Rules and Transparency Are Crucial for the Market’s Growth
South Korea Elects Pro-Crypto Candidate Lee Jae-Myung as President
Spanish Coffee Chain Prepares to Transition Into a Bitcoin-First Company with Over $1.1 Billion BTC Investment
BlackRock BUIDL Fund paid out over $10 million in dividends in May, setting a new monthly record
Trending news
MoreCrypto prices
More
