This page calculates the value of Sprott Physical Gold Trust tokenized stock (rPHYS) in Hong Kong Dollar (HKD). Exchange rates are based on real-time trading data from the rPHYS/USDT trading pair on the Bitget spot stock market.

rPHYS is a Bitget rToken issued by Reality and backed 1:1 by Sprott Physical Gold Trust shares. This means you can buy rPHYS using crypto (such as USDT) without needing to open a U.S. stock account. Trading rPHYS on Bitget offers the same experience as trading crypto such as BTC.

rPHYS is a blockchain-based synthetic asset and an on-chain representation of the underlying stock. Holding this token does not constitute actual equity ownership in the underlying company and does not grant shareholder voting rights. However, holders are entitled to equivalent dividend distributions if the underlying stock pays dividends. Bitget converts the stock's dividend payouts into an equivalent amount of USDT and distributes it to token holders' Bitget accounts at a 1:1 ratio.

Risk warning: Trading financial derivatives such as tokenized stocks carries significant risk. Assess your risk tolerance and make informed decisions before investing.

1 Sprott Physical Gold Trust (rPHYS) equals252.54 Hong Kong Dollar

Last updated as of 2026/09/24 09:31:26 (UTC+0)Refresh

From

rPHYS

HKD

Bitget converter provides rPHYS to HKD real-time exchange rates, making it easy to convert Sprott Physical Gold Trust (rPHYS) to Hong Kong Dollar (HKD). The conversion result is based on real-time data. The conversion result shows that 1 rPHYS is currently valued at 252.54 HKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

rPHYS to HKD chart

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rPHYS/HKD: 1 rPHYS = 252.54 HKD. The price of converting 1 Sprott Physical Gold Trust (rPHYS) to Hong Kong Dollar (HKD) is 252.54 HKD today.

In the past 1D, Sprott Physical Gold Trust has changed -0.60% to HKD. Based on the trend and price charts, Sprott Physical Gold Trust(rPHYS) has changed -0.60% to HKD while Hong Kong Dollar(HKD) has changed % to rPHYS in the last 24 hours.

Live rPHYS price

What is Bitget rToken?

Bitget rToken is a new batch of tokenized stocks launched by Bitget on its spot trading market. These are tokenized assets pegged 1:1 to real U.S. stocks, offering an improved option for users who need real-time trading and flexible allocation between U.S. stocks and crypto assets.

All Bitget rTokens are issued by Reality, Bitget's licensed RWA protocol, which partners with compliant broker Alpaca to connect directly to global liquidity pools such as Nasdaq and the NYSE. Each rToken is backed by real stock held in 1:1 custody at a licensed broker, supporting native U.S. stock liquidity.

Key features of Bitget rToken (rPHYS)

Asset attributeA tokenized stock pegged 1:1 to a real U.S. stock.

IssuerReality (Bitget's licensed RWA protocol).

DividendsDividends are automatically distributed to your account in USDT, with no manual action required.

Fractional shareSupports fractional share trading, starting from as low as 1 USDT.

Trading hoursSome rTokens offer native U.S. stock liquidity 24/5, while others support 24/7 trading.

How to buyCan be purchased directly with USDT, USDC, or BTC, with no conversion required.

Position usageCan be held as an investment position, and also used as combined margin for Bitget's unified trading account and USDT-M futures.

Asset security100% Proof of Reserves (verifiable at any time).Over $300 million user protection fund.

In short, rPHYS is a tokenized stock issued by licensed issuer Reality, pegged 1:1 to real Sprott Physical Gold Trust stock. It supports 24/7 trading, fractional shares, and dividends, and can be used as margin for the platform's unified trading account and USDT-M futures.

How Bitget rToken (rPHYS) works

During U.S. market hours—including the regular session, pre-market, after-hours, and overnight sessions—spot orders for rPHYS are routed directly through a broker to the Nasdaq or NYSE order book. Once the trade is executed on the U.S. stock market, the execution result is reflected in the on-exchange spot order record. Any order you place for rPHYS while the U.S. market is open will also appear on the Nasdaq or NYSE order book. This means that during U.S. market hours, the trading price and liquidity of rPHYS are exactly the same as those of the underlying stock. Orders for rPHYS and their execution results are part of the U.S. stock market. There is no spread or so-called de-pegging, because rPHYS trades are executed directly on the U.S. stock market itself. The execution price you see for rPHYS is identical to the stock's price at that exact moment.

This makes rPHYS fundamentally different from traditional RWA tokens. The price of a traditional RWA asset is determined by on-chain liquidity and trading activity, whereas the price of rPHYS is directly equivalent to the stock price—it does not rely on any other mechanism to peg the asset's price. In terms of trading outcomes, trading rPHYS is no different from trading the stock directly.

Buy/sell rPHYS now

Convert between rPHYS and fiat currencies on Bitget

The Bitget price calculator provides real-time conversion rates from rPHYS to HKD and other currencies. Note that the calculator is only intended to calculate conversion values between rTokens and fiat currencies. Bitget does not support direct conversion between rTokens and fiat currencies, but you can convert between them indirectly on Bitget using USDT as an intermediary.

If you want to buy rPHYS with fiat currency, follow these steps:

1. Sign up for a free Bitget account and complete identity verification.

2. Buy USDT with fiat currency on the Bitget fiat market.

3. Find the rPHYS/USDT trading pair on the Bitget spot stock market to buy rPHYS with USDT.

If you want to convert rPHYS to fiat currency, follow these steps:

1. Log in to your Bitget account.

2. Find the rPHYS/USDT trading pair on the Bitget spot stock market to convert rPHYS to USDT.

3. After selling USDT on the Bitget fiat market, the fiat currency will be credited to your fiat account.

1 rPHYS is currently valued at 252.54 HKD, which means buying 5 rPHYS would cost 1,262.69 HKD. Similarly, HK$1 HKD can be converted to 0.003960 rPHYS, and HK$50 HKD can be converted to 0.01980 rPHYS, excluding any platform or gas fees.

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Buy rPHYS with USDT on the spot stock market, or convert rPHYS to USDT.

Pair

Type

Price

24h volume

Action

rPHYS/USDT

Spot

32.16

$50.72M

Trade

View the Sprott Physical Gold Trust futures trading guide for more insights on Sprott Physical Gold Trust futures and related data.

Convert rPHYS to HKD

Convert HKD to rPHYS

Sprott Physical Gold Trust

Hong Kong Dollar

1 rPHYS

252.54 HKD

Exchange 1 rPHYS for 252.54 HKD

2 rPHYS

505.08 HKD

Exchange 2 rPHYS for 505.08 HKD

5 rPHYS

1,262.69 HKD

Exchange 5 rPHYS for 1,262.69 HKD

10 rPHYS

2,525.38 HKD

Exchange 10 rPHYS for 2,525.38 HKD

20 rPHYS

5,050.76 HKD

Exchange 20 rPHYS for 5,050.76 HKD

50 rPHYS

12,626.91 HKD

Exchange 50 rPHYS for 12,626.91 HKD

100 rPHYS

25,253.82 HKD

Exchange 100 rPHYS for 25,253.82 HKD

200 rPHYS

50,507.63 HKD

Exchange 200 rPHYS for 50,507.63 HKD

500 rPHYS

126,269.08 HKD

Exchange 500 rPHYS for 126,269.08 HKD

1000 rPHYS

252,538.16 HKD

Exchange 1000 rPHYS for 252,538.16 HKD

5000 rPHYS

1,262,690.8 HKD

Exchange 5000 rPHYS for 1,262,690.8 HKD

10000 rPHYS

2,525,381.6 HKD

Exchange 10000 rPHYS for 2,525,381.6 HKD

In the table above, you'll find a comprehensive rPHYS to HKD converter that shows the value of Sprott Physical Gold Trust in Hong Kong Dollar across commonly used conversion amounts. The list covers conversions from 1 rPHYS to HKD, all the way up to 10000 rPHYS, providing a clear view of their respective values.

Hong Kong Dollar

Sprott Physical Gold Trust

1 HKD

0.003960 rPHYS

Exchange 1 HKD for 0.003960 rPHYS

10 HKD

0.03960 rPHYS

Exchange 10 HKD for 0.03960 rPHYS

50 HKD

0.1980 rPHYS

Exchange 50 HKD for 0.1980 rPHYS

100 HKD

0.3960 rPHYS

Exchange 100 HKD for 0.3960 rPHYS

200 HKD

0.7920 rPHYS

Exchange 200 HKD for 0.7920 rPHYS

500 HKD

1.98 rPHYS

Exchange 500 HKD for 1.98 rPHYS

1000 HKD

3.96 rPHYS

Exchange 1000 HKD for 3.96 rPHYS

2000 HKD

7.92 rPHYS

Exchange 2000 HKD for 7.92 rPHYS

5000 HKD

19.8 rPHYS

Exchange 5000 HKD for 19.8 rPHYS

10000 HKD

39.6 rPHYS

Exchange 10000 HKD for 39.6 rPHYS

50000 HKD

197.99 rPHYS

Exchange 50000 HKD for 197.99 rPHYS

100000 HKD

395.98 rPHYS

Exchange 100000 HKD for 395.98 rPHYS

In the table above, you'll find a comprehensive HKD to rPHYS converter that shows the value of Hong Kong Dollar in Sprott Physical Gold Trust across commonly used conversion amounts. The list covers conversions from 1 HKD to rPHYS, all the way up to 100000 HKD, providing a clear view of their respective values.

rPHYS to HKD Conversion tables

The exchange rate of Sprott Physical Gold Trust is decreasing.

The exchange rate of 1 rPHYS to Hong Kong Dollar has changed by -3.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.60%, reaching a high of 254.93 HKD and a low of 252.07 HKD . One month ago, the value of 1 rPHYS was HK$263.36 HKD , which represents a -4.12% change from its current value. Over the last year, Sprott Physical Gold Trust has changed by

+HK$

5.73HKD

, resulting in a change of +9.28% in its value.

24 hours ago1 month ago1 year ago

Amount	09:31 am today	24 hours ago	24h change
0.5 rPHYS	HK$126.27	HK$127.03	-0.60%
1 rPHYS	HK$252.54	HK$254.07	-0.60%
5 rPHYS	HK$1,262.69	HK$1,270.34	-0.60%
10 rPHYS	HK$2,525.38	HK$2,540.68	-0.60%
50 rPHYS	HK$12,626.91	HK$12,703.38	-0.60%
100 rPHYS	HK$25,253.82	HK$25,406.75	-0.60%
500 rPHYS	HK$126,269.08	HK$127,033.75	-0.60%
1000 rPHYS	HK$252,538.16	HK$254,067.51	-0.60%

rPHYS to HKD FAQ

How much is 1 Sprott Physical Gold Trust in HKD?

Right now, the price of 1 Sprott Physical Gold Trust (rPHYS) in Hong Kong Dollar (HKD) is HK$252.54.

How much rPHYS can I buy for 1 HKD?

Based on the current exchange rate, you can get 0.003960 rPHYS for 1 HKD.

How do I calculate or convert rPHYS to HKD?

You can use our rPHYS to HKD calculator at the top of this page to convert any amount of rPHYS to HKD. We've also included quick-reference tables for the most popular conversions. For example, 5 HKD is equivalent to 0.01980 rPHYS, while 5 rPHYS will cost around 1,262.69HKD.

What is the highest price of rPHYS/HKD in history?

The all-time high price of 1 rPHYS in HKD is HK$332.46. It remains to be seen if the value of 1 rPHYS/HKD will exceed the current all-time high.

What is the price trend of Sprott Physical Gold Trust in HKD?

Over the past 7 days, the exchange rate of Sprott Physical Gold Trust (rPHYS) has gone down by 3.02%. Over the last month, the exchange rate of Sprott Physical Gold Trust (rPHYS) has gone down by 4.12% against Hong Kong Dollar (HKD).

What factors influence the conversion rate of rPHYS to HKD?

There are many factors that affect the relationship between Sprott Physical Gold Trust and Hong Kong Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:

Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of rPHYS/HKD. When there is positive news in the market about the widespread adoption of rPHYS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of rPHYS/HKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in rPHYS/HKD.

Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.

Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of rPHYS/HKD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.

Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.

Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Sprott Physical Gold Trust and adjust their investment strategies accordingly in the evolving market.

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