According to BlockBeats, on July 16th, Pandu Limited (referred to as "Pandu") announced that its Pandu Bitcoin ETF (02818. HK) will officially list on the Hong Kong Stock Exchange Limited on July 18th, becoming the first Bitcoin ETF approved for listing in Hong Kong this year. The launch of this product provides a new convenient channel for local investors to participate in the Bitcoin market.
The Pandu Bitcoin ETF (02818. HK) aims to closely track the performance of Bitcoin prices as its core objective. Hong Kong investors can use their existing securities accounts to trade and invest by choosing between cash or physical redemption options. Its performance benchmark is anchored to the CME CF Bitcoin Index (Asia Pacific closing price), striving to achieve investment returns that are highly consistent with the value of Bitcoin before deducting related fees, helping investors efficiently obtain direct investment exposure to the Bitcoin market.
As an asset manager with both Web3 and venture capital genes, Pan Du has obtained Class 1, Class 4, and Class 9 licenses issued by the Securities and Futures Commission in Hong Kong, fully possessing the compliance qualifications to carry out digital asset related services. Based on in-depth insights into global macroeconomic, digital asset trends, and capital market dynamics, Pandu has established a mature digital asset financial ecosystem and a broad customer base.
