PANews reported on April 16 that according to official news, China Asset Management (Hong Kong) announced today that its China Asset Management Ethereum ETF (3046 HK/83046 HK/9046 HK) has been approved by the Hong Kong Securities Regulatory Commission and has become a spot ETF product that can provide pledge services. This innovation will provide investors with more attractive returns. The amendment will officially take effect on May 15, 2025. According to the approved terms, China Asset Management Ethereum ETF can use up to 30% of Ethereum in its portfolio for pledge. The income generated by the pledge will be reinvested in the ETF to further enhance the overall return of the product.
China Asset Management (Hong Kong)'s Ethereum spot ETF is approved to provide staking services
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