[Hang Seng Launches Ethereum-Tokenized Shares of Gold ETF] According to Golden Finance, Hong Kong asset management company Hang Seng Investment has launched a physically-backed gold exchange-traded fund (ETF) and introduced a new category of tokenized shares issued on Ethereum for the first time, marking the integration of traditional commodity ETFs with blockchain fund infrastructure. The Hang Seng Gold ETF was listed on the Hong Kong Stock Exchange on Thursday under the stock code '03170,' rising approximately 9% during early trading in Asia. According to the product disclosure information, the fund closely tracks the LBMA Gold Price AM and holds physical gold stored in designated vaults in Hong Kong. In addition to the traditional ETF structure, the fund has also introduced tokenized shares. These tokenized shares are initially issued on Ethereum and may expand to other public blockchains in the future. HSBC serves as the tokenization agent for this product. However, despite the issuance of these ETF shares on public blockchains, they cannot be freely traded on the secondary market. Investors can only subscribe or redeem them through qualified distributors. Furthermore, Hang Seng's product page indicates that these tokenized shares are not yet open for subscription and will only be launched after obtaining relevant regulatory approval.