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CHINAAMC BITCOIN ETF (9042) - price, quote, history

Reported by Hkex
Apr 30, 2024· 2 min read
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Key Takeaways
  • • ChinaAMC Bitcoin ETF (ticker: 9042) trades on the Hong Kong Stock Exchange, providing institutional and retail investors with direct exposure to Bitcoin through an exchange-traded fund structure listed on a major Asian exchange.
  • • Year-to-date performance shows 15.44% gain as of the reporting period, demonstrating positive returns during the measured timeframe, though the fund has experienced volatility consistent with cryptocurrency asset class dynamics.
  • • Fund trades with tight spreads and active liquidity, with recent price levels around 1.226 USD and historical price ranges indicating established trading activity on the HKEX platform.
  • • Multiple share classes and listing structures exist (including ticker variants 9042, 03042, and 83042), reflecting different investor access points and regulatory frameworks for the same or related Bitcoin ETF products in Hong Kong markets.
Summary
The ChinaAMC Bitcoin ETF, listed on the Hong Kong Stock Exchange under ticker 9042, represents an established cryptocurrency investment vehicle designed for institutional and sophisticated retail investors seeking Bitcoin exposure through a regulated ETF structure. The fund provides an alternative to direct cryptocurrency holdings by offering the liquidity, transparency, and regulatory oversight characteristics of exchange-traded products.

Performance data indicates the fund delivered 15.44% year-to-date returns as of the measurement date, positioning it within the broader context of Bitcoin's 2024 price appreciation. The fund has experienced typical cryptocurrency volatility, with historical price data showing trading ranges and comparative analysis opportunities for investors monitoring cryptocurrency asset performance within Asian markets.

The fund's presence across multiple listing codes (9042, 03042, 83042) on the Hong Kong Stock Exchange reflects the diversified investor base and potential structural variations in share classes or settlement currencies. This multi-listing approach accommodates different investor preferences—whether denominated in Hong Kong Dollars, USD, or alternative settlement structures—and broadens accessibility across institutional and retail market segments.

Trading activity demonstrates consistent liquidity, with bid-ask spreads and volume patterns typical of established Hong Kong-listed ETFs. The fund's integration into major financial data platforms, including Bloomberg, CNBC, and WSJ, underscores its status as a recognized institutional investment vehicle. For portfolio managers evaluating cryptocurrency exposure within diversified allocations, the ChinaAMC Bitcoin ETF offers a regulated, exchange-listed mechanism without requiring direct custodial arrangements or cryptocurrency platform accounts.

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Sources

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Hkex CHINAAMC BITCOIN ETF (9042) - price, quote, history