TechFlow news, June 27 — In response to HSBC Hong Kong launching Bitcoin and Ethereum ETF trading services, TRON founder and Huobi Global Advisory Council member Justin Sun took to Twitter, stating that this move not only broadens the acceptance of cryptocurrencies but also enhances local access to digital assets. "It's exciting to witness traditional banks advancing so rapidly," said Sun.
Reportedly, HSBC recently introduced its first local cryptocurrency service in Hong Kong, allowing clients to trade Bitcoin and Ethereum exchange-traded funds (ETFs) listed on the Hong Kong Stock Exchange. Currently listed crypto ETFs in Hong Kong include the CSOP Bitcoin Futures ETF, CSOP Ether Futures ETF, and Samsung Bitcoin Futures Active ETF.
HSBC offers these ETF trading services to Hong Kong customers through its mobile app and online banking platform. Simultaneously, the bank has launched a Virtual Asset Investor Education Center, requiring clients to review educational materials and risk disclosure documents before trading these products.
