Investors should not make any investment decisions based on this website alone. Please refer to the Prospectus of the Sub-Fund for details including product features and the risk factors. Investment involves risks, including the loss of principal. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:
MicroBit Bitcoin & Gold Value ETF (the “Sub-Fund”) is a sub-fund of MicroBit Funds Series (Hong Kong) ETF OFC (the “Company”), which is a public umbrella open-ended fund company established under Hong Kong law with variable capital with limited liability and segregated liability between sub-funds.
The Sub-Fund is an actively managed ETF falling under Chapter 8.10 of the Code on Unit Trusts and Mutual Funds (“UT Code”). The Sub-Fund offers both listed class of shares (the “Listed Class of Shares”) and unlisted classes of shares (the “Unlisted Classes of Shares”). This website contains information about the offering of the Listed Class of Shares, and unless otherwise specified references to “shares” in this statement shall refer to the Listed Class of Shares. Please refer to the separate website for the offering of the Unlisted Classes of Shares. The Listed Class of Shares of the Sub-Fund are listed on The Stock Exchange of Hong Kong Limited (the “SEHK”) and are traded on the SEHK like listed stocks.
The investment objective of the Sub-Fund is to seek long-term capital appreciation by providing diversified exposure to both digital and traditional store-of-value assets, namely bitcoin and gold. There can be no assurance that the Sub-Fund will achieve its investment objective.
The Sub-Fund will invest primarily (i.e., at least 70% of its Net Asset Value (“NAV”)) in assets providing exposure to bitcoin and gold by employing two complementary strategies: a Bitcoin Strategy and a Gold Strategy.
Through an active rebalancing strategy, the Sub-Fund aims to maintain an equal allocation to both strategies, such that the Sub-Fund’s notional exposure to (i) investments attributable to the Bitcoin Strategy and (ii) investments attributable to the Gold Strategy will each represent around 50% of the Sub-Fund’s assets excluding Sub-Fund’s holding of cash and cash-equivalents, such as U.S. Treasury bills and money market funds authorised under Chapter 8.2 of the UT Code or regulated in other jurisdictions in a manner generally comparable with the requirements of the SFC and acceptable to the SFC (“investment assets”). The aforementioned equal allocation is subject to a 10% buffer such that each strategy may represent between 40% to 60% of the Sub-Fund’s investment assets.
The Bitcoin Strategy seeks to provide exposure to bitcoin, in respect of the Sub-Fund, the value of which is measured by the CME CF Bitcoin Reference Rate – New York Variant (“Valuation Benchmark”). To achieve this objective, the Sub-Fund will invest predominantly in spot bitcoin and the Sub-Fund may also invest in spot bitcoin ETFs listed in Hong Kong and the U.S. (“Bitcoin Strategy”).
For the avoidance of doubt, the Sub-Fund shall not employ any forms of leverage with respect to Virtual Assets.
The Gold Strategy seeks to provide exposure to gold. To achieve this objective, the Sub-Fund will invest predominantly in gold futures traded on the Commodity Exchange, Inc. (“COMEX”) (and/or micro gold futures and E-mini gold futures traded on the COMEX) (collectively, “Gold Futures”) and the Sub-Fund may also invest in ETFs listed in Hong Kong and/or the U.S. the primary objective of which are to invest directly in gold (“Gold Strategy”). For the avoidance of doubt, the Sub-Fund does not invest directly in gold and will not receive any gold from Gold Futures traded on the COMEX.
The Sub-Fund will not invest in derivatives other than Gold Futures.
MicroBit Bitcoin & Gold Value ETF could be subject to certain key risks such as Investment risk; Active investment management risk; Risks relating to bitcoin (including Bitcoin and bitcoin industry risk, Speculative nature risk, Extremely high volatility risk, Unforeseeable risk, Acceptance of bitcoin, Concentration of ownership risk, Fraud, market manipulation and security failure risk, Cybersecurity risks, Potential manipulation of Bitcoin Network risk, Regulatory risk, Internet risk, Fork risk, Virtual Assets’ trading platform risk in general and contagion risk, Risk of illicit use, Environment and energy consumption risk, Political or economic crisis risk, etc.); Gold market risk; Futures contracts risks; Bitcoin and gold concentration risk; New product risk; Risks in relation to Virtual Asset Trading Platform(s); Custody risk; Differences in dealing arrangements between Listed and Unlisted Classes of Shares; Differences in cost mechanisms between Listed and Unlisted Classes of Shares risk; Trading risk; Trading hours differences risk; Reliance on market makers risk; Early termination risk; Multi-counter risk.
The Sub-Fund has been authorized by the Securities and Futures Commission (“SFC”). Authorization by the SFC does not imply official recommendation. This material is for reference only and does not constitute an offer or suggestion of any transaction in any products.
This website is prepared by MicroBit Capital Management Limited and has not been reviewed by the SFC. If you are in any doubt about the content of this website, please refer to the prospectus, product key facts statement and other relevant documents for details, and seek for independent financial advice when necessary.
Fund Inception Date | 25 Aug 2026 |
SEHK Listing Date | 26 Aug 2026 |
Fiscal Year | 31 December |
Management Fee* | 1.30% |
Ongoing Charges Over A Year # | 2.50% |
Distribution Frequency | No distribution will be made |
Base Currency | USD |
Custodian | BOCI-Prudential Trustee Limited |
Virtual Asset Sub-Custodian(s) | Hash Blockchain Limited acting via its associated entity HashKey Custody Services Limited |
Virtual Asset Trading Platform(s) | HashKey Exchange, operated by Hash Blockchain Limited |
*Please note that these fees may be increased up to a permitted maximum on giving one month’s notice to the Shareholders. Please refer to the Fund's Prospectus for further details of the fees and charges payable and the permitted maximum of such fees allowed as well as other ongoing expenses that may be borne by the Fund.
#This is indicative only as the Fund is newly set up. The estimated ongoing charges figure represents the estimated ongoing expenses chargeable to the Fund over a 12-month period expressed as a percentage of the estimated average NAV of the Listed Class of Shares over the same period. The actual figures may be different from the estimate and may vary from year to year. For the first 12-month period from the launch of the Fund, the ongoing charges figure is capped at 2.5% of the average NAV of the Fund. Any ongoing expenses exceeding 2.5% of the average NAV of the Fund during this period will be borne by the Manager and will not be charged to the Fund.
Exchange | Hong Kong Stock Exchange |
Stock Code | 3002 |
ISIN | HK0001353652 |
Board Lot Size | 50 Shares |
Trading Currency | HKD |
Total Net Asset Value (HKD)1 | $ |
Outstanding Shares |
|
NAV Per Share (HKD)1 | $ |
Exchange | Hong Kong Stock Exchange |
Stock Code | 9002 |
ISIN | HK0001353652 |
Board Lot Size | 50 Shares |
Trading Currency | USD |
Total Net Asset Value (USD) | $ |
Outstanding Shares |
|
NAV Per Share (USD) | $ |
The investment objective of the Sub-Fund is to seek long-term capital appreciation by providing diversified exposure to both digital and traditional store-of-value assets, namely bitcoin and gold. The Sub-Fund will invest primarily (i.e., at least 70% of its Net Asset Value (“NAV”)) in assets providing exposure to bitcoin and gold by employing two complementary strategies: a Bitcoin Strategy and a Gold Strategy.
Through an active rebalancing strategy, the Sub-Fund aims to maintain an equal allocation to both strategies, such that the Sub-Fund’s notional exposure to (i) investments attributable to the Bitcoin Strategy and (ii) investments attributable to the Gold Strategy will each represent around 50% of the Sub-Fund’s assets excluding Sub-Fund’s holding of cash and cash-equivalents, such as U.S. Treasury bills and money market funds authorised under Chapter 8.2 of the UT Code or regulated in other jurisdictions in a manner generally comparable with the requirements of the SFC and acceptable to the SFC (“investment assets”). The aforementioned equal allocation is subject to a 10% buffer such that each strategy may represent between 40% to 60% of the Sub-Fund’s investment assets.
The Bitcoin Strategy seeks to provide exposure to bitcoin, in respect of the Sub-Fund, the value of which is measured by the CME CF Bitcoin Reference Rate – New York Variant (“Valuation Benchmark”). To achieve this objective, the Sub-Fund will invest predominantly in spot bitcoin and the Sub-Fund may also invest in spot bitcoin ETFs listed in Hong Kong and the U.S. (“Bitcoin Strategy”).
The Gold Strategy seeks to provide exposure to gold. To achieve this objective, the Sub-Fund will invest predominantly in gold futures traded on the Commodity Exchange, Inc. (“COMEX”) (and/or micro gold futures and E-mini gold futures traded on the COMEX) (collectively, “Gold Futures”) and the Fund may also invest in ETFs listed in Hong Kong and/or the U.S. the primary objective of which are to invest directly in gold (“Gold Strategy”). For the avoidance of doubt, the Sub-Fund does not invest directly in gold and will not receive any gold from Gold Futures traded on the COMEX.
There can be no assurance that the Sub-Fund will achieve its investment objective.
| Time | Indicative NAV |
|---|---|
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-
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-
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| Time | Indicative NAV |
|---|---|
|
-
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-
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| Last | Daily Change5 | Daily Change%5 |
|---|---|---|---|
NAV per Share in HKD3 | $ | $ | % |
Market Closing Price in HKD4 | $ | $ | % |
| Last | Daily Change5 | Daily Change%5 |
|---|---|---|---|
NAV per Share in USD | $ | $ | % |
Market Closing Price in USD4 | $ | $ | % |
| Cumulative Returns | Fund NAV (%) |
|---|---|
| 1 Month | - |
| 3 Month | - |
| 6 Month | - |
| 1 Year | - |
| YTD | - |
| Since Inception | - |
| Calendar Year Returns | Fund NAV (%) |
|---|---|
| 2026 (Since listing to 31 December 2026) | - |
| 2025 | - |
| 2024 | - |
| 2023 | - |
| 2022 | - |
Source: MicroBit Capital Management Limited
Past performance information is not indicative of future performance. Investors may not get back the full amount invested.
The computation basis of the performance is based on the calendar year end, Net Asset Value to Net Asset Value.
These figures show how much the Fund increased or decreased in value during the calendar year shown. Performance data has been calculated in USD including ongoing charges and excluding trading costs on SEHK you might have to pay.
Where no past performance is shown, there was insufficient data available in that year to provide performance.
Fund inception date: 25/08/2026.
| Holdings | Market Value | % of Invested Assets |
|---|---|---|
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| Futures | Bloomberg Code | Quantity |
|---|---|---|
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| - | - | - |
| Assets | Weights |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
Source: MicroBit Capital Management Limited, Bloomberg. Holdings are subject to change regularly.
China Merchants Securities (HK) Co., Limited
Eddid Securities and Futures Limited
Mirae Asset Securities (HK) Limited
Victory Securities Company Limited
China Merchants Securities (HK) Co., Limited
Bitcoin (BTC) is a decentralized cryptocurrency, launched in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. It functions primarily as a digital currency for storing value and enabling peer-to-peer transactions with all transactions recorded and verified on a public, transparent blockchain.
The Bitcoin network uses a Proof of Work (PoW) mechanism to process transactions and issue new coins, with supply governed by preset rules — making it a scarce virtual asset. Common ways to acquire Bitcoin include mining and purchasing it on virtual asset trading platforms.
| Bitcoin | Gold |
Asset nature | Virtual asset; a digital form of scarce asset | Precious metal; a physical commodity asset |
Form of existence | Exists in electronic/virtual form, recorded and transferred via blockchain networks | Exists in physical form, held as gold bars, coins, or other gold products |
Scarcity | Total supply capped at 21 million coins | Supply constrained by geological reserves and mining conditions |
Trading methods | Accessible via virtual asset platforms or related financial products | Accessible via spot, futures, or gold-related financial products |
Main demand | Crypto asset adoption, institutional participation, ETF development, and network ecosystem growth | Central bank reserves, safe-haven demand, and jewelry demand |
Spot refers to the direct buying and selling of the underlying asset itself, with settlement completed immediately or within a short period.
The spot ETF is an investment fund product listed and traded on a securities exchange, whose core feature is that the fund directly holds the actual underlying asset (such as physical gold or Bitcoin), meaning its unit price can more closely reflect the asset's real market value.
Spot Bitcoin ETF: The fund directly holds real Bitcoin, and investors indirectly hold a portion of the Bitcoin custodied by the fund through ETF units, with the unit price closely tracking the spot Bitcoin market.
Spot Gold ETF: The fund directly holds physical gold, with the unit price closely tracking the spot gold market price
A futures contract is a standardized agreement in which the buyer and seller agree to deliver an underlying asset at a specified future date, at a price and under conditions agreed in advance — rather than settling immediately. Such contracts trade on regulated futures exchanges, with standardized specifications for asset quality, quantity, delivery time, and location to facilitate trading and liquidity.
Gold futures are futures contracts with gold as the underlying asset, where the buyer and seller agree to buy or sell a specified quantity of gold in a future delivery month, at a price agreed today. Beyond the standard Gold Futures contract (100 troy ounces per contract), smaller contract sizes are also available — Micro Gold Futures and E-mini Gold Futures designed to allow traders to participate in the gold futures market with reduced contract sizes, offering more flexible position management
These contracts are listed on COMEX (Commodity Exchange, Inc.), the world's leading exchange for gold, silver, and other precious metals futures and options. COMEX is regulated by the U.S. Commodity Futures Trading Commission (CFTC) and is the most liquid metals exchange globally.
Volatility risk: The price of the underlying asset in a futures contract can be highly volatile, influenced by factors such as interest rates, supply and demand dynamics, trade and fiscal policies, and investor confidence in the future price direction of the asset.
Margin requirement risk: Investing in futures generally requires posting margin, and under the daily mark-to-market mechanism, additional margin may need to be posted within a short period of time to maintain positions. If margin calls force the sale of assets at unfavorable prices, this may result in significant losses that could exceed the original amount invested, and investors may suffer partial or total loss of their principal. Margin requirements for futures on different underlying assets can vary significantly, and some asset classes may carry margin requirements far higher than those of traditional futures contracts.
Roll cost risk: Futures contracts have an expiry date and must be rolled into the next contract prior to expiry. If the market is in "contango," rolling may incur additional costs that erode returns over the long term.
Price limit risk: If the price of a futures contract hits the exchange's set price limits, trading in the relevant contract may be restricted, suspended for a period, or suspended for the remainder of the trading day, which may limit the fund's investment operations.
The product's core strategy is designed to provide approximately 100% strategy exposure, with a 50/50 notional allocation to Bitcoin and gold respectively.
Bitcoin Strategy: Achieved primarily through directly holding spot Bitcoin as the underlying asset, with the option to supplement through spot Bitcoin ETFs listed in Hong Kong and the United States.
Gold Strategy: Achieved primarily through regulated gold futures contracts listed on COMEX, including standard Gold Futures, Micro Gold Futures, and E-mini Gold Futures, allowing the fund manager to flexibly size positions based on the fund's scale; spot gold ETFs may also be used as a supplementary tool.
How the Rebalancing Mechanism Works: The Fund conducts the rollover of Gold Futures on a monthly basis, in line with the relevant contracts' expiry schedule, to maintain continuous futures exposure to gold. At the same time, the fund manager continuously monitors the relative value movements of the bitcoin and gold strategies — when either asset's allocation exceeds 60% or falls below 40% of the target weighting due to market fluctuations, the fund manager will actively adjust the portfolio's holdings, buying and selling to recalibrate the allocation back toward the target 50/50 level.
Low correlation: Bitcoin and gold each exhibit low long-term correlation with other traditional asset, which help to enhance resilience and support diversification.
Gold Helps Stabilize Portfolio: Gold helps reduce the overall volatility of the portfolio.
Flexible creation/redemption: Investors can choose in-kind or in-cash subscription and redemption, and ETF units can be bought or sold on exchange during trading hours, allowing flexible position adjustments and market entry/exit.
Regular rebalancing: The Fund regularly rebalances its portfolio holdings to keep the Bitcoin and gold allocation aligned with the target ratio.
1 The Total Net Asset Value in HKD is indicative and for reference only and is calculated using the Total Net Asset Value in USD multiplied by the foreign exchange rate (Tokyo Composite) quoted by Bloomberg for Hong Kong dollars at 4:00 p.m. (Hong Kong time) on that dealing day.
2 The near real time indicative NAV per Share is indicative and for reference only. The near real time indicative NAV per Share in HKD is updated every 15 seconds during SEHK trading hours using the near real time indicative NAV per Share in USD multiplied by a real-time HKD:USD foreign exchange rate calculated by Solactive AG.
3 The last NAV per Share in HKD is indicative and for reference only and is calculated using the last NAV per Share in USD multiplied by the foreign exchange rate (Tokyo Composite) quoted by Bloomberg for Hong Kong dollars at 4:00 p.m. (Hong Kong time) on that dealing day.
4 Change of the closing price in HKD and USD Traded Shares indicate change of closing price since the previous SEHK trading day.
Source of Closing Price: Bloomberg. The official closing NAV per Share in USD will remain unchanged during the period when the SEHK is closed.
5 Change is calculated on NAV-to-NAV basis in USD and assumes dividend will not be reinvested. Change of the official NAV per Share in USD and change of the indicative NAV per Share in HKD indicate the change of the NAV per Share since the previous business day where the SEHK is opened for normal trading (the "Dealing Day"). For more information on determination of NAV, please refer to the Prospectus of the Fund. The official NAV per Share in USD is provided by BOCI-Prudential Trustee Limited.
6 Additional Participating Dealers will be appointed from time to time. Please refer to HKEx website for the most updated information.
7 Additional Market Maker(s) will be appointed from time to time. Please refer to HKEx website for the most updated information.
