MicroBit Capital Management Limited has listed Hong Kong’s first ETF combining Bitcoin and gold on Hong Kong Exchanges and Clearing. The MicroBit Bitcoin & Gold Value ETF trades under 3002.HK for Hong Kong dollar-denominated shares and 9002.HK for U.S. dollar-denominated shares. Structured as a sub-fund of the MicroBit Funds Series (Hong Kong) ETF OFC, it uses active management and periodic rebalancing rather than tracking a fixed index. Eligible market participants can subscribe for shares with Bitcoin or redeem shares for Bitcoin through in-kind transactions, while retail and institutional investors can trade the listed security through brokerage accounts. The launch expands Hong Kong’s regulated digital-asset market, which has developed since the Securities and Futures Commission introduced a licensing regime for virtual-asset trading platforms and approved spot and futures-based crypto investment products. Analysts say the Bitcoin-and-gold structure could appeal to investors seeking diversification between a volatile digital asset and gold’s traditional safe-haven role, although returns will depend on both markets and the blended strategy could limit upside compared with a pure Bitcoin fund.