Asset owners sceptical about investing in crypto ETFs

Cryptocurrency exchange traded funds (ETFs), recently introduced in Hong Kong, hold too many caveats for most asset owners to invest in them, the audience heard at AsianInvestor’s Asia Investment Summit in Hong Kong on May 23. Thijs Aaten APG “If we talk about cryptocurrencies, like Bitcoin, I struggle to find fundamental value. Then it becomes very much the greater fool theory -- if you can sell it to somebody at a higher price, you're making money. But that's very cl…