PANews reported on August 21 that two virtual asset spot ETFs under MicroBit, a Hong Kong investment management company focusing on virtual assets, were officially listed on the Hong Kong Stock Exchange today. They are MicroBit Bitcoin Spot ETF (03430) and MicroBit Ethereum Spot ETF (03425).

The Ethereum Spot ETF will stake up to 30% of all ETH, with the proceeds from staking reinvested in the fund after deducting relevant fees. Both ETFs have a 0.5% management fee, making them among the most cost-competitive of Hong Kong-listed cryptocurrency spot ETFs.