From Hong Kong to Singapore, crypto ETFs face chill

From Hong Kong to Singapore, crypto ETFs face chill

FILE PHOTO: Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

When Desmond Yong surveyed about 100 attendees at a blockchain conference in Taiwan last month, not a single delegate admitted to buying exchange-traded funds (ETFs) tracking cryptocurrencies, despite the hype around their Asia launch earlier this year.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter