Hua Xia Fund (Hong Kong) Approved to Offer Staking Services for its Ethereum Spot ETF

Hua Xia Fund (Hong Kong) announced today that its Hua Xia Ethereum ETF (3046 HK / 83046 HK / 9046 HK) has been approved by the Hong Kong Securities and Futures Commission to become a spot ETF product offering staking services. This innovation will provide investors with more attractive returns. The amendment will take effect on May 15, 2025. Ethereum staking is a core function under the Ethereum Proof-of-Stake (PoS) mechanism, where participants secure the network by locking ETH and receive rewards in return. Currently, the annualized return rate for Ethereum staking is approximately 2.19%. According to the approved terms, the Hua Xia 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 overall returns of the product. This innovative measure will provide investors with more attractive return potential while increasing the overall efficiency and security of the Ethereum ecosystem.