ChinaAMC Bitcoin ETF
Investment involves risks, including the loss of principle. Past performance is not indicative of future results. Before investing in the ChinaAMC Bitcoin ETF (the "Fund"), investor should refer to the Fund's prospectus for details, including the risk factors. You should not make investment decision based on the information on this material alone. Please note:

  • The Fund aims to provide investment results that, before fees and expenses, closely correspond to the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate (APAC Variant) (the "Index").
  • The Fund is passively managed and falls in the Index may cause falls in the value of the Fund. The Fund is subject to new product risk, new index risk, tracking error risk and trading risk with discount or premium.
  • Due to the Fund's direct exposure in bitcoin only, it is subject to concentration risk and risks related to bitcoin, such as bitcoin and bitcoin industry risk, speculative nature risk, unforeseeable risks, extreme price volatility risk, concentration of ownership risk, regulatory risk, fraud, market manipulation and security failure risk, cybersecurity risks, potential manipulation of bitcoin network risk, forks risk, risk of illicit use, trading hour difference risk.
  • The Fund is subject to risks related to virtual asset trading platform ("VATP"), custody risks and risk relating to the difference between executable price of bitcoin on SFC-licensed VATPs and Index price for cash subscription and redemption.
  • Listed and Unlisted Classes are subject to different pricing and dealing arrangements. NAV per Unit of each class may be different due to different fees and cost. Dealing deadlines of each class are different.
  • Units of Listed Class are traded in the secondary market on an intraday basis at the prevailing market price, while Units of Unlisted Class are sold through intermediaries based on the dealing day-end NAV. Investors of Unlisted Class could redeem at NAV while investors of Listed Class in the secondary market could only sell at the prevailing market price and may have to exit the Fund at a significant discount. Investors of Unlisted Class may be at an advantage or disadvantage compared to investors of Listed Class.
  • The Fund is subject to multi-counter risks.

ChinaAMC Ether ETF
Investment involves risks, including the loss of principle. Past performance is not indicative of future results. Before investing in the ChinaAMC Ether ETF (the "Fund"), investor should refer to the Fund's prospectus for details, including the risk factors. You should not make investment decision based on the information on this material alone. Please note:

  • The Fund aims to provide investment results that, before fees and expenses, closely correspond to the performance of ether, as measured by the performance of the CME CF Ether-Dollar Reference Rate (APAC Variant) (the "Index").
  • The Fund is passively managed and falls in the Index may cause falls in the value of the Fund. The Fund is subject to new product risk, new index risk, tracking error risk and trading risk with discount or premium.
  • Due to the Fund's direct exposure in ether only, it is subject to concentration risk and risks related to ether, such as ether and ether industry risk, speculative nature risk, unforeseeable risks, extreme price volatility risk, concentration of ownership risk, regulatory risk, fraud, market manipulation and security failure risk, cybersecurity risks, forks risk, risk of illicit use, trading hour difference risk.
  • The Fund is subject to risks related to virtual asset trading platform ("VATP"), custody risks and risk relating to the difference between executable price of ether on SFC-licensed VATPs and Index price for cash subscription and redemption.
  • Listed and Unlisted Classes are subject to different pricing and dealing arrangements. NAV per Unit of each class may be different due to different fees and cost. Dealing deadlines of each class are different.
  • Units of Listed Class are traded in the secondary market on an intraday basis at the prevailing market price, while Units of Unlisted Class are sold through intermediaries based on the dealing day-end NAV. Investors of Unlisted Class could redeem at NAV while investors of Listed Class in the secondary market could only sell at the prevailing market price and may have to exit the Fund at a significant discount. Investors of Unlisted Class may be at an advantage or disadvantage compared to investors of Listed Class.
  • The Fund is subject to multi-counter risks.

Please note the above list of risks is not exhaustive, please refer to the Fund's prospectus for details.

A new era of cryptocurrencies in Asia begins.
Embracing Web 3

Asia's First Spot
Spot-ChinaAMC Bitcoin ETF
Spot-ChinaAMC Ether ETF
Bitcoin & Ether
3042
ChinaAMC
Bitcoin ETF

Tracking index
CME CF Bitcoin Reference Rate (APAC Variant)
Listing date
30/04/2024
Management fee
0.99%
The minimum lot size
100 Units (All Counters)
Number of shares per lot
100

3046
ChinaAMC
Ether ETF

Tracking index
CME CF Ether-Dollar Reference Rate (APAC Variant)
Listing date
30/04/2024
Management fee
0.99%
The minimum lot size
100 Units (All Counters)
Number of shares per lot
100

比特幣ETF
Learn about
cryptocurrency ETFs
Spot Bitcoin ETF

Similar to gold ETFs, spot Bitcoin ETFs are exchange-listed investment funds that enable indirect investments in Bitcoin without purchasing or holding the cryptocurrency.

Bitcoin ETFs are issued and managed by fund companies, listed on traditional stock exchanges, and invested in Bitcoin according to the ETF's investment objectives and strategies. They aim to provide investors with investment returns that closely track the performance of a Bitcoin index (gross of fees and expenses).

比特幣ETF
Spot Ether ETF

Spot Ether ETFs are fund products listed on traditional stock exchanges that track the value of Ether. Like spot Bitcoin ETFs, spot Ether ETFs are managed by fund companies and invested in Ether according to the investment objective and strategy. These funds aim to provide investors with investment returns that closely track the performance of an Ether Index (gross of fees and expenses).

Cryptocurrency Encyclopedia
Why Invest in Cryptocurrency ETFs?
The role of cryptocurrencies in portfolio diversification and performance enhancement is becoming increasingly prominent.

Bitcoin's low correlation with mainstream financial markets makes it an effective tool for diversifying investment portfolios. Meanwhile, as Bitcoin gains wider acceptance and institutional investors incorporate it into their portfolios, its higher risk profile is expected to contribute to better portfolio performance.

Figure1: Bitcoin price positively correlated with global macro liquidity
Figure1: Bitcoin price positively correlated with global macro liquidity
Bitcoin has little correlation with other major asset classes over the past 10 years. (january 1, 2014 - December 31, 2023)
Source: Bloomberg, as of December 31, 2023.
The most potential new asset in the Web 3.0 era that cannot be missed?

Changes tend to bring new opportunities. As the digital economy of Web 3.0 emerges as one of the most promising investment opportunities in the future, cryptocurrencies have become the most important, most watched and most widely accepted asset. Among all types of cryptocurrencies, Bitcoin and Ether are poised to play a central role with their respective technical advantages and growing investor interest.

Since the U.S. Securities and Exchange Commission approved the issuance of the world's first batch of spot Bitcoin ETFs on January 11, 2024, spot Bitcoin ETFs have recorded huge inflows.

Figure2: Funds continue to flow into U.S. spot Bitcoin ETFs
Funds continue to flow into U.S. spot Bitcoin ETFs
Source: Bloomberg, China Asset Management (Hong Kong), as of March 31, 2024.

Following the United States, Hong Kong is becoming the pioneer in Asia with the issuance of spot Bitcoin and spot Ether ETFs. This will in turn promote a wider acceptance of cryptocurrency ETFs in more markets worldwide.

With more investors allocating capital money into cryptocurrencies, cryptocurrencies such as Bitcoin and Ether are positioned to become mainstream assets in the new economic era.

Cryptocurrency comparison
Cryptocurrency comparison
Figure3 : Tracking difference of futures Bitcoin ETFs
Cryptocurrency comparison
The data is based on the return of one of the Bitcoin futures ETFs listed on the Hong Kong Stock Exchange compared with the return of Bitcoin and is for reference only. It does not represent the return performance of all Bitcoin futures ETFs listed on the Hong Kong Exchange.
Source: Bloomberg, date as of March 31, 2024.
ChinaAMC Bitcoin ETF and Ether ETF Product Highlights
Presenting legal and secure cryptocurrency investment opportunities to institutional and retail investors.
ChinaAMC Bitcoin ETF and Ether ETF Product Highlights
  • Investing in ETFs provides a higher level of safety compared to owning Bitcoin directly, as these ETFs are approved by the Hong Kong Securities and Futures Commission, listed on the Hong Kong Stock Exchange, and have established partnerships with regulated cryptocurrency exchanges and reputable custodians.
  • The investment threshold is only $100.
  • Allowing for equity-like direct access through brokerage accounts, with a settlement period as short as T+2.
  • Bitcoin and Ether are recognized globally as two of the largest cryptocurrencies, which contributes to their high liquidity as underlying assets. The introduction of spot ETFs on traditional stock exchanges can further enhance liquidity.
  • ChinaAMC Spot Bitcoin ETF and Ether ETF are managed under the supervision of the Securities and Futures Commission of Hong Kong, striving to reduce unnecessary regulatory risks associated with cryptocurrency trading.
Innovative in-kind dealing

Hong Kong has introduced a groundbreaking redemption model, surpassing the United States in innovation. Investors now enjoy the flexibility of redeeming their ETF holdings in cash or in kind.

Dual share classes— listed and unlisted. Multiple currency options: HKD, USD, CNY
China's top-ranked ETF manager with 26 years of asset management excellence

ChinaAMC, our parent company, has been ranked as the best ETF issuer in China, with a renowned reputation both domestically and internationally. Having established a strong presence in Hong Kong for over 16 years, we proudly stand among leading ETF managers, equipped with deep-rooted experience, extensive industry knowledge, and expertise.

Collaborating with leading institutions to provide maximum protection for customers

ChinaAMC (HK) partners with world-renowned institutions across various industries to ensure a superior level of fund safety and liquidity, including an experienced custodian in Hong Kong, a leading cryptocurrency exchange authorized by Hong Kong regulators, and prominent market makers.

Trading platform
Fund information
3042 ChinaAMC Bitcoin ETF
Investment Objective
The investment objective is to provide investment results that, before fees and expenses, closely correspond to the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate (APAC Variant)
Index
CME CF Bitcoin Reference Rate (APAC Variant)
Listed exchanges
Hong Kong Stock Exchange – Main Board
Base currency
USD
Over-the-counter currencies
HKD, USD, CNY
Stock code
HKD counter 3042.HK / USD counter 9042.HK / RMB counter 83042.HK
The minimum lot size
100 Units (All Counters)
3046 ChinaAMC Ether ETF
Investment Objective
The investment objective is to provide investment results that, before fees and expenses, closely correspond to the performance of ether, as measured by the performance of the CME CF Ether-Dollar Reference Rate (APAC Variant)
Index
CME CF Ether-Dollar Reference Rate (APAC Variant)
Listed exchanges
Hong Kong Stock Exchange – Main Board
Base currency
USD
Over-the-counter currencies
HKD, USD, CNY
Stock code
HKD counter 3046.HK / USD counter 9046.HK / RMB counter 83046.HK
The minimum lot size
100 Units (All Counters)
China's top fund company
ChinaAMC
26Years
of Asset management experience
USD300Billion
Assets under management
TOP 1
China ETF Manager
ChinaAMC(HK)
16Years
Deeply cultivated in Hong Kong
50+
Products
90+
Awards
Source: China Asset Management, China Asset Management (Hong Kong), as of April 16, 2024.
Recent Awards
The Asset
Triple A Sustainable Investing Awards 2024
  • Asset Management Company of The Year (China offshore)
The Asset
Triple A Sustainable Investing Awards 2023
  • Asset Management Company of The Year - Mutual Fund (China offshore)
BENCHMARK Fund of
the Year Awards 2023
  • Best China Equity ETF Issuer
  • Long/Short Equity – Best in Class
Insights&Mandate
Professional Investment
Awards 2024
  • Best China Fund House
  • Best RMB Fund Manager
Fund Selector Asia
House Awards 2024
  • ETF House of the Year
Asia Asset Management
Best of the Best Awards
2023 & 2024
  • Best China Fund House
Fund Selector Asia House Awards 2024: Fund Selector Asia, as of 30 Jan 2024; Benchmark Fund of the Year 2023: Benchmark, as of 29 Nov 2023; Insights&Mandate Professional Investment Awards 2024: I&M, as of 1 Mar 2024; The Asset Triple A Sustainable Investing Awards 2023: The Asset, as of 2 May 2024; Asia Asset Management Best of the Best Awards 2023&2024: Asia Asset Management, as of 3 Feb 2023 and 30 Jan 2024. Investment involves risk, including possible loss of principal. Past performance does not represent future performance. The information contained herein is for informational purposes only and does not constitute an offer or invitation to anyone to invest in any funds and has not been prepared in connection with any such offer. The material has been prepared and issued by China Asset Management (Hong Kong) Limited. This material has not been reviewed by the Securities and Futures Commission