According to echub News, the Pandu Bitcoin ETF under Pandu Limited will start trading on July 18 at the Hong Kong Stock Exchange, with the stock code 2818.HK.
The Pandu Bitcoin ETF (2818.HK) is the first Bitcoin ETF approved for listing in Hong Kong this year, aiming to provide investors with an investment opportunity that closely tracks Bitcoin price performance. Hong Kong investors can use their existing securities accounts to trade by choosing cash or physical redemption methods. This ETF is benchmarked against the CME CF Bitcoin Index (Asia-Pacific Closing Price) and strives to provide investment returns that correspond closely to the value of Bitcoin before fees, giving investors direct exposure to the Bitcoin market.
As an asset manager with Web3 and venture capital genes, Pandu has obtained the Type 1, Type 4, and Type 9 licenses for managing and providing digital asset-related services issued by the Hong Kong Securities and Futures Commission.