Suppliers are vying to launch the first cryptocurrency futures ETF aimed at retail investors in Hong Kong

ChainCatcher news, after the local regulatory authority in Hong Kong announced that it would open the door to such products, trading platform exchange-traded fund (ETF) providers are busy submitting applications to launch cryptocurrency futures ETFs aimed at retail investors. Experts say that given the narrow range of permissible underlying assets listed in the Hong Kong Securities and Futures Commission's announcement, being one of the first companies to list a retail-accessible cryptocurrency futures ETF on a local trading platform will be particularly crucial for the product's success.