HSBC Joins The History of ETFs The British universal bank HSBC has launched the Bitcoin and Ethereum-based exchange-traded fund (ETF) in Hong Kong. Some analysis are claiming HSBC is first, but it is not the first. **First blockchain-based ETF** **First Private ETF** :- San Diego-based Reality Shares Advisors and Lisle-based Amplify Investments' ETF Trust were the first to launch the blockchain-based ETFs, they launched on Nasdaq and the New York Stock Exchange (NYSE) on January 17, 2018. **First Government ETF** :- Russia's state-owned Sberbank was the first bank and government institution to launch a blockchain-Focused ETF; it was launched on December 30, 2021. **First crypto-based ETF** **The first Ethereum ETF** was ETHX, which was the act of CI Galaxy, and launched at the Toronto Stock Exchange (TSE) on April 16, 2021. **The first Bitcoin ETF** was BITO, which was the act of Winklevoss twins, and launched at the Chicago Mercantile Exchange (CME) on October 19, 2021. **Entry of HSBC** In Hong-Kong, investors currently invest in CSOP's Bitcoin and Ethereum futures ETFs and Samsung's Bitcoin Futures Active ETF. That is, HSBC is not even the first in the Hong Kong market; it has only entered the history of ETFs, opening up new opportunities for investors. Brought to you by Yugocean, originally posted here. https://www.publish0x.com/crypto-champion/hsbc-joins-the-history-of-etfs-xrgklrl?a=J0dNLOr8aL
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