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Thursday

13 May 2021

Regulated Bitcoin and Ethereum funds have launched in Hong Kong

Regulated Bitcoin and Ethereum funds have launched in Hong Kong


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Among the various new funds are a Bitcoin (BTC) tracker fund, an Ethereum (ETH) tracker fund, and a multi-strategy crypto fund.

Both the Ethereum tracking fund and the multi-strategy fund are the first in this category of crypto investment products to be issued by a licensed fund manager in Hong Kong. .

In addition to the three crypto funds, Huobi is also offering a private equity fund that will make investments in crypto mining-related businesses, a market segment that has seen exponential growth over the past few years.

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