According to Bloomberg, UBS Group AG has joined the ranks of competitors such as HSBC in allowing Hong Kong clients to trade cryptocurrency ETFs. A source revealed that as of Friday, affluent clients will be able to trade three approved cryptocurrency ETFs on UBS’s Hong Kong platform, including the “Samsung Bitcoin Futures Active ETF” launched by Samsung Asset Management (Hong Kong) Limited, and the “CSOP Bitcoin Futures ETF” and “CSOP Ethereum Futures ETF” launched by CSOP Asset Management Ltd. UBS declined to comment on the above news.
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