ChinaAMC Bitcoin ETF (3042.HK)

ChinaAMC Spot

About ChinaAMC Bitcoin ETF

Overview: The ChinaAMC Bitcoin ETF is a Hong Kong spot Bitcoin ETF offering three currency counters: 3042 (HKD), 9042 (USD), and 83042 (RMB). Investment Focus: Directly invests in physical Bitcoin, tracking the CME Bitcoin Reference Rate. Accessibility: Trades on HKEX, the only Bitcoin ETF offering

ChinaAMC Bitcoin ETF Fund Details

Expense Ratio
0.99%

About The Fund

Overview
The ChinaAMC Bitcoin ETF is a Hong Kong spot Bitcoin ETF offering three currency counters: 3042 (HKD), 9042 (USD), and 83042 (RMB).
Investment Focus
Directly invests in physical Bitcoin, tracking the CME Bitcoin Reference Rate.
Accessibility
Trades on HKEX, the only Bitcoin ETF offering a RMB-denominated counter.
Management and Fees
0.99% expense ratio.

ChinaAMC Bitcoin ETF Information

Ticker Symbol3042.HK
IssuerChinaAMC
Expense Ratio0.99%
Fund TypeSpot
CustodianBOCI-Prudential Trustee Limited
Bitcoin Only✓ Yes
Fund Inception2024-04-30

Investment Strategy

Pure Bitcoin Spot

Market Performance

YTD Return
-25.53%
1 Year Return
-39.02%
Avg Volume
N/A

About ChinaAMC

Background
China Asset Management (Hong Kong) Limited is the Hong Kong subsidiary of ChinaAMC, one of China's largest asset managers with over $280 billion in AUM.
Bitcoin ETFs
Launched one of the first three spot Bitcoin ETFs in Hong Kong on April 30, 2024, with three currency counters (HKD, USD, RMB).
Regulation
Authorized by Hong Kong's SFC.
Custody
BOCI-Prudential Trustee with OSL Digital Securities as virtual asset sub-custodian.

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