Hong Kong is expanding its offerings for cryptocurrency investors with Tiger Brokers, a Nasdaq-listed company, launching cryptocurrency support on its Tiger Trade app. Professional investors will have access to 18 cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), as well as stocks, options, futures, U.S. Treasury bonds, and other global assets. Tiger Brokers partnered with HashKey Exchange to provide this service to professional investors in Hong Kong who meet specific investment requirements. The company plans to extend its cryptocurrency services to retail investors pending regulatory approval and is considering adding cryptocurrency spot withdrawals and deposits. In addition to cryptocurrency trading, investors can also access Bitcoin exchange-traded funds (ETFs) through Tiger Brokers. The platform offers U.S.-listed Bitcoin ETFs and recently launched Hong Kong spot Bitcoin and Ether ETFs. While the Hong Kong ETFs had a modest debut, they have attracted over $200 million in total assets. There have been discussions about potential access to Hong Kong’s ETFs in mainland China as well. Experts in the industry have suggested that these ETFs could be connected to the Shenzhen-Hong Kong Stock Connect, a cross-border investment infrastructure that links the Shenzhen Stock Exchange and the Hong Kong Stock Exchange. Overall, Hong Kong’s cryptocurrency market continues to expand, providing more opportunities for investors in the region.
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