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The HongKong and Shanghai Banking Corporation (HSBC) enabled crypto investments for its customers in Hong Kong earlier today. Customers of the British banking giant would be allowed to invest in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF).Crypto journalist Colin Wu took to Twitter earlier today to share HSBC’s latest development:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/08f42dcb9d434c0cb42e6041b9b48f90.png" />According to the scoop shared by Wu, HSBC’s customers in Hong Kong could use the Hong Kong Exchange (HKEX) to invest in digital asset-related products. The exchange currently lists three crypto ETFs including the Samsung Bitcoin Futures Active ETF, the CSOP Bitcoin Futures ETF, and the CSOP Ethereum Futures ETF.Apart from being the largest bank in Hong Kong, HSBC also became the first bank in the city-state to enable virtual asset-related investments for customers. The move would likely help increase the crypto footprint in Hong Kong, in line with the special administrative region’s ambitions to become a digital asset hub in the region.HSBC also <a href="https://twitter.com/WuBlockchain/status/1673266576370577408" rel="noopener noreferrer nofollow">launched</a> the Virtual Asset Investor Education Centre for customers in Hong Kong who wish to invest in crypto ETF. The Education Centre could be accessed through the HSBC HK Easy Invest App and online banking as well.Read full article at <a href="https://cryptotale.org/hsbc-hong-kong-to-allow-customers-to-invest-in-crypto-etfs/" rel="noopener noreferrer nofollow">CryptoTale.</a>

HSBC Hong Kong To Allow Customers To Invest In Crypto ETFs

CryptoTale

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