The post Hang Seng Launches Ethereum Based Tokenized Gold ETF appeared on BitcoinEthereumNews.com.

Key Notes On January 29, Hang Seng Gold ETF, with trading ticker 03170 was launched. The new fund will track the LBMA Gold Price AM. This comes at a time when Hong Kong is promoting itself as a crypto asset hub. Hang Seng Investment, one of Hong Kong’s asset managers, recently debuted its physical gold-pegged exchange traded fund (ETF). The ”Hang Seng Gold ETF” was launched on January 29 on the Hong Kong Stock Exchange under the ticker “03170.” The new fund has a conventional approach as well as a tokenized class of units. Hang Seng Gold ETF Records 9% Boost The new Hang Seng Gold ETF tracks the LBMA Gold Price AM while holding bullion stashed in designated vaults in Hong Kong, per the product disclosures. It features a tokenized share class issued on Ethereum ETH $2 943 24h volatility: 2.7% Market cap: $354.83 B Vol. 24h: $24.31 B with the possibility of extending to other public blockchains in the near future. This reinforces the growing merger of traditional commodity ETFs and blockchain-based fund infrastructure. Though domiciled on the Ethereum public blockchain, distributors are not authorized to push out these tokenized ETFs in secondary markets. Any eligible and interested investor is required to subscribe to or redeem the product exclusively through qualified distributors. According to Hang Seng’s product page, the units are still not open for subscription but will be released as soon as relevant approvals are secured. During the Asia morning trading hours, the new fund went up by roughly 9%, hinting at positive momentum in the market. HSBC is acting as the tokenization agent for the product. The development comes as Hong Kong continues efforts to position itself as a crypto asset hub through new regulatory frameworks and policies aimed at attracting digital asset firms. Hong Kong…

---

Filed under: News - @ January 29, 2026 11:28 am