China Asset Management (Hong Kong)'s Ethereum spot ETF is approved to provide staking services

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PANews
04-16
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PANews reports on April 16th that, according to official sources, Huaxia Fund (Hong Kong) announced today that its Huaxia Ethereum ETF (3046 HK/83046 HK/9046 HK) has been approved by the Hong Kong Securities and Futures Commission, becoming a spot ETF product that can provide staking services. This innovation will offer investors more attractive returns. The amendment will officially take effect from May 15, 2025. According to the approved terms, the Huaxia Ethereum ETF can stake up to 30% of its Ethereum portfolio. The earnings generated from staking will be reinvested in the ETF, further enhancing the product's overall returns.

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