#BinanceSquare MicroBit, an investment management company located in Hong Kong, has launched two Exchange Traded Funds (ETFs) for virtual assets on the Hong Kong Stock Exchange (HKEX).
Asset Type: The two ETFs are MicroBit Bitcoin Spot ETF (code: 03430) and MicroBit Ethereum Spot ETF (code: 03425).
Unique Feature (Ethereum ETF): The MicroBit Ethereum Spot ETF will allocate up to 30% of its Ethereum assets for staking.
The results from the staking, after deducting fees, will be reinvested back into the fund. This is a unique feature that distinguishes it from other ETFs. #Write2Earn