MicroBit launches Hong Kong’s first Bitcoin and gold ETF

MicroBit Capital Management Limited has launched the MicroBit Bitcoin & Gold Value ETF on the Hong Kong Stock Exchange. This marks the first ETF in Hong Kong to bundle Bitcoin and gold into a single investment vehicle.

The fund is actively managed with periodic rebalancing to maintain target allocations between the two assets. It is available in both Hong Kong dollar-denominated shares (3002. HK) and US dollar-denominated shares (9002. HK). A notable feature of the product is its support for in-kind subscriptions and redemptions in Bitcoin for eligible market participants, allowing for direct Bitcoin transfers rather than strictly cash-only processes.

MicroBit CEO Wilson Fung stated that the product serves as a bridge between traditional finance and the Web3 ecosystem, providing a diversified tool for investors seeking both digital asset potential and the stability of gold.