Hong Kong's First Bitcoin ETF Listing on July 18 Boosts Digital Asset Accessibility

The announcement that Pan Du Bitcoin ETF (02818.HK) will be listed on the Hong Kong Stock Exchange on July 18 signifies a notable milestone as Hong Kong's first approved Bitcoin ETF of the year. This new offering provides local investors with an easier way to access the Bitcoin market. The ETF aims to closely track Bitcoin's price, allowing investors to trade via their existing securities accounts either through cash or physical redemption methods. Its benchmark, linked to the CME CF Bitcoin Index (Asia-Pacific closing price), strives to deliver returns highly aligned with Bitcoin's value, before fees. As an asset manager with Web3 and venture capital roots, Pan Du has obtained comprehensive regulatory licenses from the Hong Kong Securities and Futures Commission, enabling them to offer digital asset services legally. Their deep insights into global macroeconomics, digital assets trends, and capital markets have helped build a mature digital asset finance ecosystem with a broad client base.