The Bitcoin and Ethereum ETFs started trading in Hong Kong, as the city pushes ahead with plans to become a virtual assets trading hub despite strict controls in mainland China.
The three asset managers — Bosera, Harvest Global Investment and ChinaAMC — each launched two Bitcoin ETFs and two Eth ETFs, making a total of six funds.
The Bitcoin ETFs each gained about 3% on their debut, while the Ethereum ETFs gained between 0.4% and 1% in early trading.