LATEST: UBS Expands Crypto Investment Opportunities for Wealthy Clients in Hong Kong

UBS Group is following in the footsteps of its rival, HSBC, by granting select high-net-worth clients access to futures-based cryptocurrency exchange-traded funds (ETFs) in Hong Kong. According to Bloomberg’s report, UBS is now offering its affluent clientele access to three crypto-related futures ETFs, including Samsung Bitcoin Futures Active, CSOP Bitcoin Futures, and CSOP Ether Futures ETFs. These ETFs have received authorization from Hong Kong’s Securities and Futures Commission. This move underscores the growing interest among financial institutions in catering to the demand for cryptocurrency investment options in the city.

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