UBS Group AG has joined rivals such as HSBC Holdings Plc in allowing Hong Kong customers to trade three cryptocurrency-related ETFs.
A person familiar with the matter said that from Friday, high-net-worth clients on UBS’s Hong Kong platform will have access to three cryptocurrency ETFs authorized by the Hong Kong Securities and Futures Commission, namely the Samsung Bitcoin Futures Active ETF. ), CSOP Bitcoin Futures ETF (CSOP Bitcoin Futures ETF) and CSOP Ether Futures ETF (CSOP Ether Futures ETF).
In addition, customers can access educational materials to understand the risks. UBS declined to comment. (Bloomberg)