Hong Kong stock Pandu Bitcoin ETF rose 1.64% on its first day, planning to launch a stake-type ETH ETF within the year.

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[Block Rhythm] On July 19, it was reported that the "Pandora Bitcoin ETF" (2818) issued by the licensed virtual asset management company Pandora was listed in Hong Kong yesterday, soaring over 13% at one point during the session, closing at 7.98 HKD, with a full-day rise of 0.129 HKD, an increase of 1.64%. Ren Junfei, the founder and CEO of Pandora, revealed the intention to "make another move," planning to launch a Spot Ethereum ETF product with a staking mechanism in Hong Kong in the second half of this year.

When asked why this time there was no simultaneous launch of a Spot Ethereum ETF like other issuers, Ren Junfei revealed that there are plans to launch an Ethereum ETF with staking components within this year. It will not only be a simple Spot holding product but will also include additional yield mechanisms. Currently, discussions are ongoing with regulatory agencies, including how to protect investor rights and specific operational directions such as subscription and redemption.

The Pan-Du Bitcoin ETF is a passive ETF that directly holds Bitcoin, with a listing price of approximately 7.8512 HKD per unit, 100 shares per lot, and an entry fee of about 786 HKD, with a management fee of 1%. Bank of China International UK Trust is the custodian and administrative manager, while OSL Digital Securities Limited serves as the sub-custodian for the Bitcoin holdings.

BTC1.97%
ETH6.44%
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NFTDreamervip
· 07-22 10:59
It's all fun and games, but who would go against money?
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MoneyBurnervip
· 07-22 10:36
It's another opportunity to invest in new projects when you feel that making money is too slow! Build a Position and enter a position!
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DaisyUnicornvip
· 07-20 20:48
The staking type eth is here~ Little flowers should be happy meow
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LiquidityWizardvip
· 07-19 13:16
statistically underwhelming tbh... expected at least 17.3% day1 pop
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GateUser-e51e87c7vip
· 07-19 13:12
It's already so exciting with just 13 points.
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degenonymousvip
· 07-19 13:06
Here it comes, just waiting for the reason.
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SignatureCollectorvip
· 07-19 13:01
It is better to wait for the stake ETF than to pump.
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OldLeekMastervip
· 07-19 12:58
Up 13, the stir-frying is here.
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