What are Hong Kong's spot Bitcoin and ETH exchange-traded funds (ETFs)?
Could you elaborate on Hong Kong's spot Bitcoin and Ethereum (ETH) exchange-traded funds (ETFs)? Specifically, I'm interested in understanding the nature of these investment vehicles, how they operate, and what are the key factors investors should consider before investing in them? Are these ETFs regulated in Hong Kong? What are the risks associated with investing in spot Bitcoin and ETH ETFs? How do their performance compare to traditional financial products? I'd appreciate a comprehensive yet concise explanation of the fundamentals of these investment options.