PanDe Bitcoin ETF to Start Trading on July 18, First Hong Kong Bitcoin ETF Approved This Year

Pan Deut Limited's Pan Deut Bitcoin ETF (stock code: 2818.HK) will begin trading on the Stock Exchange of Hong Kong Limited on July 18. This ETF is the first Bitcoin ETF approved for listing in Hong Kong this year and aims to provide investors with an investment opportunity that closely tracks the price performance of Bitcoin. The ETF is benchmarked against the CME CF Bitcoin Index (Asia Pacific Close), and can be traded and invested through cash or physical subscription and redemption methods. In addition, Pan Deut has obtained Type 1, Type 4, and Type 9 licenses from the Hong Kong Securities and Futures Commission to manage and provide digital asset-related services. [Foresight News]