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Hong Kong's bitcoin ETFs could open to Greater Bay Area investors under new measures

New Chinese investment guidelines aimed at opening financial markets have raised hopes that mainland residents in the Greater Bay Area could soon invest in cryptocurrency-related products in Hong Kong such as bitcoin exchange traded funds (ETFs). The People's Bank of China (PBOC) and four other financial regulators announced on Wednesday that they will "optimise" the Cross-boundary Wealth Management Connect scheme in the bay area and support mainland residents in the region in purchasing "eligib