Pando Limited ('Pando') will begin trading its Bitcoin ETF (stock code: 2818.HK) on the Hong Kong Stock Exchange on July 18.
Pando Bitcoin ETF (2818.HK) is the first Bitcoin ETF approved for listing in Hong Kong this year, aimed at providing investors with investment opportunities that closely track Bitcoin price performance. Hong Kong investors can use existing securities accounts to trade through cash or physical subscription methods. The ETF is based on the CME CF Bitcoin Index (Asia Pacific Closing Price) ('Index') and aims to provide investment returns that correspond closely to the value of Bitcoin before expenses, bringing investors direct exposure to the Bitcoin market.
As an asset manager with Web3 and venture capital genes, Pando has obtained Type 1, Type 4, and Type 9 licenses from the Securities and Futures Commission in Hong Kong to manage and provide digital asset-related services. With keen insights and analyses of global macroeconomics, digital assets, and capital market trends, Pando has built a strong client base and a mature digital asset financial ecosystem.
Pando has successfully launched two actively managed ETFs under its umbrella, precisely focusing on global top innovative technology and digital asset companies listed. Since their issuance, both funds have received widespread acclaim in the industry, with asset management scale reaching new highs since June. This year, Pando's Innovation ETF (3056.HK) won the 'Outstanding Award (First Place)' in the 'Technology Stock ETF One-Year Return Category' at the 'Leading Funds 2024' selection held by Bloomberg Businessweek, while Pando's Blockchain ETF (3112.HK) received the 'Outstanding Award (Second Place)' in the 'Blockchain Technology Stock ETF One-Year Return Category'.
About Pando Limited
Pando (Pando) is a licensed company providing virtual asset management services. As a participant in the digital asset management field, Pando has obtained licenses from the Hong Kong Securities and Futures Commission for Type 1, Type 4, and Type 9, allowing it to provide virtual asset-related services. At the same time, Pando has obtained qualifications for public funds and has issued two actively managed ETF products. Through strategic layout, Pando has accumulated rich experience in digital asset management and compliance, committed to providing diversified investment solutions, attracting numerous investors.
Important Statement:
This content is for reference only. It is not an invitation or offer to buy or sell any securities or other financial instruments. Any information, including facts, opinions, or quotations, may have been condensed or summarized and is as of the date of writing. Information may change without notice, and Pando Limited ('Pando') has no obligation to ensure that you are notified of such updates. Investing in the products mentioned in this content may involve significant loss risks and may not be suitable for all investors. Their valuation may fluctuate, potentially leading you to lose most of your investment. Past results do not represent future performance. If an investment is denominated in a currency other than your base currency, changes in exchange rates may adversely affect its value, price, or income. You should not participate in the investment unless you fully understand the nature of the transaction you are entering into and the extent of the losses you may incur. If you do not fully understand these risks, you must seek independent advice from your financial advisor. In any case, this content should not be interpreted as an explicit or implied commitment, guarantee, or suggestion by Pando or from Pando that you will profit or that your losses can or will be limited in any way. Investors should note that past results do not represent future performance. Nothing in this document constitutes legal, accounting, or tax advice. Pando is not liable for any indirect, incidental, special, punitive, or consequential damages arising from the use or inability to use this advertisement, whether or not Pando has been advised of the possibility of such damages, regardless of the form of action, whether in contract, warranty, tort (including negligence), strict liability, or otherwise. The information provided here is obtained from sources we believe to be reliable, but we do not guarantee its accuracy or completeness, nor do we accept responsibility for any loss resulting from the use of this information. Pando reserves the right to correct any errors that may exist in this content. This content has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong. You should exercise appropriate caution when assessing the value of such information.
Virtual assets are highly speculative and risky investments. Investors should exercise extreme caution when participating in these products. The legal status of virtual assets has not been clearly defined, which may affect the nature and enforceability of investors' rights in such virtual assets. Research reports regarding virtual assets have not been reviewed by regulatory authorities, and investors cannot enjoy the protection of investor compensation funds. Virtual assets are not legal tender, and related transactions may be irreversible, meaning that losses due to fraud or accidental transactions may be irretrievable. The value of virtual assets derives from the continuous willingness of market participants to exchange them for legal tender, which means that if a particular virtual asset's market disappears, its value may be completely and permanently lost. It cannot be guaranteed that in the future, there will still be people accepting virtual assets as a means of payment. The volatility and unpredictability of virtual asset prices relative to legal tender may cause significant losses in a short period. Changes in legislation and regulation may also adversely affect the use, storage, transfer, trading, and value of virtual assets. Certain virtual asset transactions may only be considered completed upon record and confirmation by a licensed platform approved by the Securities and Futures Commission, which may differ from the time the client initiates the transaction. Virtual assets inherently face a higher risk of fraud or cyberattacks. Technical failures may also prevent customers of licensed platforms from conducting virtual asset transactions.
