The Pandu Bitcoin ETF (02818.HK) will commence trading on the Hong Kong Stock Exchange on July 18, 2024, introducing the region’s first Bitcoin investment vehicle accessible through conventional securities accounts.
Designed to mirror Bitcoin’s price movements, the ETF employs the CME CF Bitcoin Index (Asia Pacific Closing Price) as its benchmark. It offers dual trading options, allowing investors to transact using cash or physical Bitcoin.
The ETF will be managed by Pandu Co., Ltd., a licensed financial institution regulated by Hong Kong’s Securities and Futures Commission. Pandu’s established expertise in Web3 technologies and venture capital investments positions it as a significant contributor to cryptocurrency financial infrastructure.
This development provides Hong Kong investors with a regulated pathway to Bitcoin exposure without requiring direct cryptocurrency custody management.