ChinaAMC Bitcoin ETF (3042.HK)

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The ChinaAMC Bitcoin ETF (ticker: 3042.HK) was the first major Chinese asset manager's spot Bitcoin ETF, launched on the Hong Kong Stock Exchange on April 30, 2024 — making it one of Asia's first spot Bitcoin ETFs. Managed by China Asset Management (HK), it was the largest of the Hong Kong Bitcoin ETFs at launch with approximately US$121.7 million in AUM on day one. The fund supports both cash and in-kind (BTC) subscriptions and redemptions, a feature unique to Hong Kong's regulatory framework.

Details

Aum
~$382M
Type
Spot Bitcoin ETF
Issuer
China Asset Management (HK)
Region
Asia
Ticker
3042.HK
Aum Usd
382000000
Aum Date
2025-12
Currency
HKD/USD
Exchange
Hong Kong Stock Exchange (HKEX)
Fund Type
spot_etf
Expense Ratio
0.30%
Inception Date
2024-04-30
Physically Backed
Yes
In Kind Subscription
Yes

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