Foresight News reports that the Bitcoin spot ETF launched by Pando Asset Management Co., Ltd. officially began trading on the Hong Kong Stock Exchange today. As the infrastructure partner for this product, OSL Digital Securities Limited, through its affiliated entity OSL Custody Services Limited, serves as the sub-custodian for the ETF, with trading execution support provided by OSL Exchange. Since the launch of Hong Kong's first batch of spot virtual asset ETFs, OSL has provided custody or trading platform support for three of the four local ETFs that are already listed.
Mr. Cui Song, Executive Director and CEO of OSL Group, stated, "OSL is pleased to collaborate with Pando's excellent team to become the digital asset custodian and trading partner for the Pando Bitcoin ETF, further consolidating and enhancing OSL's leading position with over 75% market share in Hong Kong's spot digital currency ETF sector. This also serves as a testament to OSL's market depth and liquidity being superior to its peers in Hong Kong. With the support of the 'Manifesto 2.0' policy, OSL will engage in more strategic collaborations with Pando to provide institutional and retail investors with additional trading tools and services to meet diverse digital asset allocation needs."
