Interactive Brokers Introduces Hong Kong Spot Bitcoin and Ether ETPs

US electronic trading giant, Interactive Brokers, announced the launch of Hong Kong Spot Bitcoin and Ether Exchange Traded Products (ETPs) available to trade on the Hong Kong Stock Exchange (SEHK). 

Interactive Brokers Hong Kong now allows eligible clients to trade the new Spot Bitcoin and Ether ETPs in addition to stocks, options, futures, currencies, bonds, funds, and more, all from a single integrated platform. Clients can purchase Spot Bitcoin and Ether ETPs through their IBKR brokerage accounts, enabling them to diversify their portfolios with cryptocurrency exposure without the need to possess digital assets directly.

As of April 30, 2024, the following Spot Bitcoin and Ether ETPs are available by Interactive Brokers:

David Friedland, Head of Asia Pacific at Interactive Brokers, said: "We are excited to expand our product line with the addition of new spot Bitcoin and Ethereum ETPs. These simple investment products will give our clients more flexibility through a single brokerage account , to better manage their cryptocurrency investment risk by trading the diverse global products offered by Interactive Brokers.”

The brokerage firm reminded that eligible investors should carefully review the prospectus of each ETP before trading products.

This news follows Hong Kong Exchanges and Clearing Limited (HKEX)'s announcement​​ of listing Asia's first batch of virtual asset spot ETFs on the same day