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Hong Kong Crypto ETF Comparison: SFC-Approved Spot Bitcoin & Ether ETFs

Compare all 6 SFC-authorised HK-listed spot crypto ETFs on TER, custody, creation mode, and AUM — plus a free tool to estimate your annual holding cost versus keeping crypto directly on an exchange.

TL;DR — HK Spot Crypto ETFs at a Glance

As of June 2026, the SFC has approved 6 spot crypto ETFs on HKEX: 3 BTC (3042, 3046, 3008) and 3 ETH (3179, 3033, 3009). All are physically backed and SFC-licensed. TERs range from 0.60% to 1.00% p.a. The Bosera-HashKey products (3008 BTC / 3009 ETH) offer the lowest TERs and support in-kind creation for professional investors. None currently pay staking yield.

SFC-Approved HK Spot Crypto ETF Comparison

TickerIssuerAssetTER (p.a.)Mgmt feeCustodianCreation modeStakingAUM (HKD M)
3042.HKChinaAMC (HK)BTC0.99%0.30%OSL Digital SecuritiesIn-cashNo760
3046.HKHarvest Fund (HK)BTC0.99%0.30%HashKey CustodyIn-cashNo420
3008.HKBosera-HashKeyBTC0.60%0.30%HashKey CustodyIn-kindNo340
3179.HKChinaAMC (HK)ETH1.00%0.30%OSL Digital SecuritiesIn-cashNo210
3033.HKHarvest Fund (HK)ETH1.00%0.30%HashKey CustodyIn-cashNo150
3009.HKBosera-HashKeyETH0.85%0.30%HashKey CustodyIn-kindNo120

Annual Holding Cost Estimator

Estimate your annual holding cost for a HK spot crypto ETF vs keeping crypto directly on an SFC-licensed exchange (e.g., HashKey, OSL).

HK$
1y5y10y
0% (self-custody)0.50% (typical)1.50% (high)
Holding cost result
ETF annual cost
HK$600
/year
TER 0.60%
Direct exchange annual cost
HK$100
/year
0.10% custody
ETF costs more by HK$500/yr(3y total: HK$1,500)

Assumes investment stays constant. Does not account for trading commissions, spread, or crypto price movement. ETF custody is simpler; direct exchange requires key management.

Risk Disclaimer: Crypto assets are highly volatile. This tool is for educational comparison only and does not constitute investment advice. Past performance is not indicative of future results. TER/fee figures are based on issuer KFS documents — verify with your broker.

How we compiled this data

ETF data sourced from: HKEX product search (June 2026), SFC's circular on SFC-authorised virtual asset ETFs (December 2023), and individual issuer Key Facts Statements (KFS). AUM figures are approximate as of May 2026. Fee waivers or promotions may apply — check with issuers directly.

How HK Spot Crypto ETFs Work

HK spot crypto ETFs hold physical Bitcoin or Ether in segregated cold storage with SFC-licensed virtual asset (VA) custodians — either OSL Digital Securities or HashKey Custody. Unlike futures-based ETFs, there is no roll cost from contract expiry. The NAV tracks the spot price of BTC or ETH minus the fund's TER.

The SFC approved the first batch of spot crypto ETFs in December 2023, launching on 30 April 2024 — making Hong Kong the first major Asia-Pacific financial centre to list spot BTC and ETH ETFs. (US spot BTC ETFs launched in January 2024; US ETH ETFs in July 2024.)

In-kind creation (Bosera-HashKey products only, professional investors) allows institutional APs to deliver actual BTC/ETH in exchange for ETF units — reducing the ETF's impact on market prices and potentially tightening the bid-ask spread. In-cash creation (ChinaAMC and Harvest) requires the AP to convert fiat to crypto before delivering, adding a step and potentially widening spreads slightly.

Frequently Asked Questions

Can Hong Kong retail investors buy these crypto ETFs through a normal broker?

Yes. All 6 ETFs trade on HKEX under a standard stock code. Any broker licensed for HKEX trading (moomoo, Futu, Tiger, IBKR, etc.) can access them. No crypto wallet or VA exchange account is needed.

Is there stamp duty on HK crypto ETF transactions?

Yes. HK stamp duty of 0.1% per side applies to ETF transactions on HKEX, same as ordinary shares. This is a one-time cost at each buy/sell, separate from the annual TER.

Why is there no staking yield in HK ETH ETFs?

Regulatory constraints under the current SFC framework prevent the ETFs from participating in Ethereum staking. The SFC is considering the issue, and issuers have stated they would pass staking rewards to investors if permitted. As of June 2026 this has not been implemented.

How does the HK crypto ETF annual cost compare to US spot BTC ETFs?

US spot BTC ETFs (IBIT at 0.25%, FBTC at 0.25%, ARKB at 0.21%) have lower TERs than HK products. However, US ETFs are denominated in USD and face US securities regulations — HK ETFs may be more accessible for HK-based investors with existing HKEX brokerage accounts.

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