Asia's first spot Bitcoin, ether ETFs start trading

By Agence France-Presse

May 01, 2024 12:24 am

HONG KONG: Hong Kong on Tuesday launched trading of Asia's first spot Bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub.

The debut comes three months after the United States gave the greenlight to ETFs pegged to Bitcoin's spot price, making it easier for mainstream investors to add the unit to their portfolio.

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