Global X Bitcoin ETF (3042.HK)
Spot Bitcoin ETF listed on the Hong Kong Stock Exchange – physically-backed direct exposure to Bitcoin from Global X (Mirae Asset).
Key Facts
| Issuer | Global X (Mirae Asset) |
|---|---|
| Ticker | 3042.HK (Hong Kong Stock Exchange) |
| Expense Ratio | 0.99% (management fee) |
| Approx. AUM | $600M HKD |
| Type | Physically-backed spot Bitcoin |
| Inception | December 16, 2021 |
| Official Site | Global X 3042.HK Page |
Composition / Holdings
Global X Bitcoin ETF is 100% physically-backed spot Bitcoin (no derivatives or futures).
| Asset | Percentage | Description |
|---|---|---|
| Bitcoin (BTC) | 100% | Physically-backed spot Bitcoin held in cold storage |
No leverage, futures, or other assets. Direct 1:1 exposure to Bitcoin price (less fees).
Net Inflows & Outflows
Historical daily/weekly net flows showing investor demand for 3042.HK in Hong Kong.
Performance Overview
Returns vs. Bitcoin spot price (physical tracking).
ESG & Sustainability Metrics
Estimated ESG ratings (limited applicability for spot crypto products).
Pros
- Physically-backed spot Bitcoin (direct 1:1 exposure)
- Regulated product on HKEX with good liquidity
- Accessible for Asian investors without direct crypto custody
- Strong issuer (Global X / Mirae Asset) with global reputation
Cons
- High expense ratio (0.99%) compared to U.S. spot ETFs
- Full exposure to Bitcoin price volatility
- No direct Bitcoin ownership or withdrawal option
- HKD denominated (currency risk for non-HKD investors)
How to Buy 3042.HK
Available on major Hong Kong brokers and international platforms (e.g., Interactive Brokers, Futu, Tiger Brokers, etc.). Search ticker 3042.HK.
Not financial advice. Investments in crypto ETFs/ETPs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.