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Xiao Fei Asset Management has launched Bitcoin Spot ETF and Ethereum Spot ETF.
PANews August 21 news, Hong Kong investment management company MicroBit, which focuses on virtual assets, officially listed two virtual asset spot ETFs on the Hong Kong Stock Exchange today, namely the MicroBit Bitcoin Spot ETF (03430) and the MicroBit Ethereum Spot ETF (03425). Among them, the Ether Spot ETF will pledge up to 30% of Ether, and the staking income, after deducting related fees, will be reinvested in the fund. Both ETFs have a management fee of 0.5%, making them competitively priced products among cryptocurrency Spot ETFs listed in Hong Kong.