Institutional interest and adoption significantly increased after Spot Bitcoin ETFs (exchange-traded funds) were approved in the US. As a result, Morgan Stanley and UBS have entered a race to add crypto products to their platforms. Morgan Stanley Meets Competition As reported by Bitcoinist, the news was broken by crypto commentator Andrew from Arch Public on […]
Swiss bank UBS Group AG has now entered the cryptocurrency arena alongside global banking giant HSBC Holdings Plc, enabling wealthy clients in Hong Kong to engage in the trading of specific cryptocurrency-linked exchange-traded funds. This strategic decision not only reflects a growing trend among major banks but also underscores Hong Kong’s aspirations to establish itself […]