Can mainland Chinese investors invest in Hong Kong's cryptocurrency spot ETFs?

In recent years, the cryptocurrency market has witnessed significant growth, attracting investors from all over the world. Given the unique financial landscape in China, where mainland investors often face restrictions in accessing certain financial products, the question arises: Can mainland Chinese investors actually invest in Hong Kong's cryptocurrency spot ETFs? The potential answer to this query lies in understanding the regulatory framework surrounding both mainland China's capital markets and Hong Kong's financial services industry, which may present either opportunities or obstacles for cross-border investment. Therefore, we delve deeper into this question to explore the possibilities and limitations for mainland Chinese investors seeking to diversify their portfolios with Hong Kong's cryptocurrency spot ETFs.