Swiss financial giant UBS is now offering crypto ETFs to wealthy clients in Hong Kong, according to a report by Bitcoin.com. The report cites a source familiar with the matter, who said that UBS will offer three crypto ETFs authorized by the Securities and Futures Commission (SFC) Samsung Bitcoin Futures Active, CSOP Bitcoin Futures, CSOP Ether Futures and UBS is the latest major financial institution to offer crypto ETFs to its clients. In June 2023, Hong Kong became the first major Asian economy to regulate cryptocurrencies, and the SFC has since approved several crypto ETFs. The launch of UBS's crypto ETFs is seen as a major sign of institutional adoption of cryptocurrencies in Hong Kong.