Huaxia Fund (Hong Kong) has launched the China Asset Management Digital Gold ETF, which will be listed on the Hong Kong Stock Exchange on May 29. The ETF employs a full physical replication strategy to track the LBMA Gold Price AM, with all holdings consisting of LBMA Good Delivery gold bars. The physical gold is securely stored in a Hong Kong vault, with Standard Chartered Bank acting as the custodian for both the gold and the digital tokens.