{"id":135063,"date":"2024-08-07T21:00:30","date_gmt":"2024-08-07T18:00:30","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135063"},"modified":"2024-08-07T15:38:51","modified_gmt":"2024-08-07T12:38:51","slug":"hong-kong-virtual-bank-launches-trading-with-crypto-etfs","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/hong-kong-virtual-bank-launches-trading-with-crypto-etfs\/","title":{"rendered":"Hong Kong Virtual Bank Launches Trading With Crypto ETFs"},"content":{"rendered":"
On August 7, Mox, a subsidiary of Standard Chartered, announced the launch of a crypto ETF service, becoming the first bank to offer direct trading of spot Bitcoin<\/a><\/strong> and Ethereum<\/a><\/strong> ETFs on its platform.<\/p>\n The bank plans to expand its crypto offerings by enabling direct purchases and trading of crypto assets through a partnership with a licensed exchange.<\/p>\n Mox aims to be a cost-effective option for trading crypto ETFs, charging 0.12% of transaction volume with a minimum fee of $3.85 (HK$30) for spot and derivative ETFs listed in Hong Kong, and 0.01% per share with a minimum fee of $5 for derivative ETFs listed in the US.<\/p>