According to online reports, Huaxia Fund (Hong Kong) announced today that its Huaxia Ethereum ETF (3046 HK / 83046 HK / 9046 HK) has been approved by the Hong Kong Securities and Futures Commission to become a spot ETF product that can provide pledge services. This innovation will provide investors with more attractive returns. The amendment will officially take effect on May 15, 2025. ETH Staking is a core function under the Ethereum Proof-of-Stake (PoS) mechanism. Participants participate in network security maintenance by locking ETH and receive corresponding rewards. Currently, the annualized rate of return on Ethereum pledge is approximately 2.19%. According to the approved terms, China Ethereum ETF can use up to 30% of Ethereum in its investment portfolio for pledge. The proceeds generated by the pledge will be reinvested in ETFs to further enhance the overall return on the product. This innovative initiative will provide investors with more attractive return potential while improving the overall efficiency and security of the Ethereum ecosystem.