The post First Physical Redemption Option in Hong Kong appeared on BitcoinEthereumNews.com. Key Points: The Hang Seng Gold ETF debuts with a physical redemptionThe post First Physical Redemption Option in Hong Kong appeared on BitcoinEthereumNews.com. Key Points: The Hang Seng Gold ETF debuts with a physical redemption

First Physical Redemption Option in Hong Kong

2 min read
Key Points:
  • The Hang Seng Gold ETF debuts with a physical redemption feature.
  • Available to individual investors, redeemable through banks.
  • Plans for tokenized class open to retail with lower fees.

On January 31, Hang Seng Gold ETF was listed on the Hong Kong Stock Exchange, allowing investors to redeem physical gold directly through banks, making it a regional first..

This listing represents a significant step in enhancing investment options and advancing Hong Kong’s ETF sector, as highlighted at the Asian Financial Forum.

BingX delivers rewards-driven trading with institutional-grade security.

Did you know? Hong Kong’s first physical gold ETF can set a precedent for future asset-backed ETFs in the region, reflecting a growing trend in traditional finance embracing tokenization.

The Hang Seng Gold ETF tracks LBMA gold prices, providing investors direct access to the physical gold market. As the ETF is domiciled in Hong Kong, it emphasizes the city’s longstanding status as a financial hub.

The forthcoming tokenized unlisted class, expected by Q1 2026, highlights a shift towards digital finance, offering a lower entry point for investors. Insights suggest this could accelerate adoption of tokenized assets, spurred by lower fees and more accessible options. The move aligns with similar efforts as reported in articles like Blackrock Leaders Tokenization Expansion.

Source: https://coincu.com/news/hang-seng-gold-etf-launch/

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