Is HSBC allowing Bitcoin & Ethereum ETFs in Hong Kong?

The news was first reported by Chinese crypto journalist Colin Wu. SCOOP: HSBC, the largest bank in Hong Kong, today allows its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange, and is also the first bank in Hong Kong to allow it.

Is HSBC the first bank to trade bitcoin & ether ETFs?

On Monday, crypto outlets The Block and CoinTelegraph, citing a tweet from Chinese blockchain journalist Colin Wu, reported that HSBC had become the first bank there to let customers trade Bitcoin and Ether ETFs listed on Hong Kong’s exchange.

What are HSBC 'easy invest' ETFs?

The ETFs, which are traded as securities, were listed on HSBC Hong Kong’s so-called “Easy Invest” mobile app on Monday. They offer traders exposure to Bitcoin and Ethereum futures based on derivative contracts that trade on commodity exchanges.