Hong Kong Lists Crypto ETFs as City Vies With US for Inflows (3)

A batch of exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday, heralding potential competition for US Bitcoin products whose popularity stoked a record rally in the digital asset.

Harvest Global Investments Ltd., the local unit of China Asset Management, and a partnership between HashKey Capital Ltd. and Bosera Asset Management (International) Co. each listed Bitcoin and Ether ETFs in the city.

The level of demand for the funds will provide clues on whether Hong Kong’s push for a tightly regulated digital-asset hub is gaining traction. Officials are hoping the crypto pivot will help to ...