Hong Kong's Futu Securities International Launches Bitcoin and Ethereum Deposits, Targeting Institutional Investors

Hong Kong's largest online brokerage has officially launched a crypto deposit service, enabling qualified investors to seamlessly trade Bitcoin [BTC], Ethereum [ETH], and USDT

As global financial institutions increasingly integrate crypto, renowned Hong Kong-based Futu Securities International is making a noteworthy move.

Hong Kong’s crypto surprise

The city’s largest online brokerage has just introduced a crypto deposit service, catering to qualified investors for trading Bitcoin, Ethereum, and USDT alongside traditional assets.

The service, which went live on Monday, allows users to easily switch between digital and conventional markets, highlighting a key step in bridging the gap between traditional finance and the rapidly evolving world of cryptocurrencies.

“Internet securities dealers are counting down to their large-scale entry into the cryptocurrency world and access to stablecoins,” remarked X user _FORAB.

Hong Kong’s ongoing efforts to establish itself as a global crypto hub are part of broader trends in the industry.

The introduction of the ASPIRe framework and tax incentives for institutional investors, along with the approval of Asia’s first spot Bitcoin and Ether ETFs, position the city at the forefront of the digital asset revolution.

Is the United States acting as a torchbearer?

This assertive approach coincides with renewed regulatory momentum in the United States, where Paul Atkins has assumed leadership of the SEC, promising a clearer stance on crypto regulation.

The SEC has also formed a dedicated task force to craft a comprehensive framework for digital assets, signaling a shift in federal oversight.

Meanwhile, Donald Trump’s proposal for a national Bitcoin Reserve has sparked activity at the state level, with regions like Texas, Arizona, and New Hampshire aiming to establish their own reserves in an effort to stay ahead in the evolving crypto economy.

As expected, the United States’ renewed push for crypto regulation and state-level adoption has sparked a ripple effect, inspiring global momentum.

Switzerland is now exploring the addition of Bitcoin to its national reserves, while South Korea’s presidential contender Han Dong-hoon is advocating for deregulation and the approval of Bitcoin ETFs.

In Vietnam, Techcombank Securities is preparing for a historic IPO by integrating cryptocurrency tools into its platform, marking a significant step toward mainstream crypto integration.

These developments underscore how U.S. leadership in digital asset policy is not only reshaping its own financial future but also influencing nations worldwide to accelerate their embrace of crypto.

Current market trends

This global shift in crypto sentiment coincides with a notable surge in market activity.

According to the latest data from CoinMarketCap, the total cryptocurrency market capitalization has now surged to $3.09 trillion, reflecting a 3.10% daily gain.

Bitcoin is nearing the symbolic $100K milestone, currently trading at $99,749.24 following a 2.88% rise, while Ethereum also saw strong momentum with a 5.27% uptick, reaching $1,943.46.

On another note, Visa’s on-chain analytics data for April reveal USDT leading transaction volumes with $421.61 billion, outpacing USDC and other stablecoins.

Together, these metrics signal accelerating global engagement and reinforce the narrative of crypto’s expanding relevance across both institutional and retail landscapes.