UBS, one of the world's largest banks, is allowing select clients in Hong Kong to trade crypto ETFs. This is a significant development, as it shows that major financial institutions are becoming increasingly comfortable with cryptocurrencies. UBS is offering its clients access to three crypto ETFs: the Samsung Bitcoin Futures Active ETF, the CSOP Bitcoin Futures ETF, and the CSOP Ether Futures ETF. These ETFs track the price of Bitcoin and Ether futures contracts, which means that investors can gain exposure to these cryptocurrencies without having to purchase and store them directly.