Hong Kong's crypto market adds another heavyweight! MicroBit's Bitcoin and Ethereum spot ETFs officially launched on the Hong Kong Stock Exchange today, with both currencies going live simultaneously, featuring both Hong Kong Dollar and US Dollar counters—Bitcoin ETF codes 3430.HK (HKD), 9430.HK (USD); Ethereum ETF codes 3425.HK (HKD), 9425.HK (USD), with a management fee rate locked at 0.5%.
This listing marks a 'zero breakthrough' for virtual asset spot ETFs on the Hong Kong Stock Exchange, providing investors with a more convenient and compliant entry channel for crypto assets. From the finalization of the codes to the announcement of the fees, every detail has stirred market nerves, further solidifying Hong Kong's position as a crypto hub.
Will the introduction of spot ETFs ignite a new spark for crypto investment enthusiasm in Asia? Perhaps the answer lies in the trading data that is about to unfold. $BTC $ETH $BNB