Hong Kong Approves Staking Services for Huaxia Ethereum ETF

According to PANews, Huaxia Fund (Hong Kong) announced on April 16 that its Huaxia Ethereum ETF has received approval from the Hong Kong Securities and Futures Commission to offer staking services as a spot ETF product. This development aims to provide investors with more attractive returns. The amendment will take effect on May 15, 2025. Under the approved terms, the Huaxia Ethereum ETF can allocate up to 30% of its Ethereum holdings for staking. The income generated from staking will be reinvested into the ETF, enhancing the overall returns of the product.