MicroBit Capital Management Limited ( MicroBit ), a premier Hong Kong-based investment manager specializing in virtual assets, has announced the official listing of two virtual asset spot ETFs on the Hong Kong Stock Exchange ( HKEX ), the MicroBit Bitcoin Spot ETF ( Stock Code for HKD Counter: 3430.HK; USD Counter: 9430.HK ) and the MicroBit Ether Spot ETF ( Stock Code for HKD Counter: 3425.HK; USD Counter: 9425.HK ). Ether is the native cryptocurrency of the ethereum platform. 

 

MicroBit is fully licensed by the Securities and Futures Commission of Hong Kong ( SFC ) for Type 1 ( Dealing in Securities ), Type 4 ( Advising on Securities ) and Type 9 ( Asset Management ) regulated activities.

 

Both ETFs debuted today ( August 21 ) on the HKEX, offering investors direct exposure to the two largest cryptocurrencies by market capitalization, bitcoin and ether, through a regulated and investor-friendly structure.

 

These ETFs are part of the MicroBit Funds Series ( Hong Kong ) ETF OFC and are designed to closely track the CME CF Bitcoin Reference Rate – Asia Pacific Variant and the CME CF Ether-Dollar Reference Rate – Asia Pacific Variant, respectively.  Unlike futures-based products, these spot ETFs directly hold the underlying assets and aim to deliver low tracking error and cost efficiency.

 

With management fees of 0.5%, MicroBit’s ETFs are among the most cost-effective crypto spot ETFs listed in Hong Kong, according to a company statement.

 

As part of MicroBit’s ongoing efforts to enhance fund performance, staking of up to 30% of the ether held in the Fund’s portfolio is introduced to the MicroBit Ether Spot ETF.

 

This will be conducted through SFC-licensed virtual asset trading platforms ( VATPs ) that are authorized to perform staking activities directly or via affiliates and third-party staking providers. After deducting any applicable service fees and slashing penalties, staking yields will be reinvested into the Fund.

 

Staking involves securing the blockchain network by locking a committed amount of ether as part of the proof-of-stake consensus mechanism, which supports transaction validation and network operations. By participating in staking, the Fund expects to earn rewards in the form of additional ether from the Ethereum network. Notably, the ownership of the ether held by the Fund is expected to remain unchanged throughout the staking process, the statement says.

 

Kenny Khuong, CFA, chief investment officer, MicroBit Capital Management Limited says, “We’re thrilled to bring Hong Kong investors a secure and transparent way to participate in the growth of the digital asset ecosystem. By offering direct exposure to Bitcoin and Ether through fully regulated, SFC-authorized ETFs, we’re lowering the barrier for mainstream adoption”.

 

The ETFs will be supported by Hash Blockchain Limited, the licensed Virtual Asset Trading Platform ( VATP ), and HashKey Custody Services Limited as sub-custodian, providing institutional-grade security and transparency. Investors will be able to trade the ETFs in HKD and USD counters.

 

Wilson Fung, chief executive officer, MicroBit Group says, “This launch marks a key milestone for both MicroBit and the Hong Kong virtual asset market. We believe virtual assets are becoming an indispensable asset class, and our ETFs are designed to empower investors with simple, cost-effective access to this exciting frontier”.

 

The launch comes amid surging global interest in virtual assets. According to market data from CoinMarketCap2, Bitcoin and Ether ETFs have collectively seen over US$217 million and US$62 million in net inflows in the past year.

 

With user-friendly access, low entry thresholds, and institutional-grade infrastructure, the MicroBit Bitcoin Spot ETF and MicroBit Ether Spot ETF are set to become cornerstone products for both retail and professional investors in Asia’s rapidly evolving crypto investment landscape.