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Hong Kong lists first bitcoin ETF in 2025 amid cryptocurrency bull run

Hong Kong lists first bitcoin ETF in 2025 amid cryptocurrency bull run

Nikkei Asia6 days ago
Pando Finance's Hong Kong dollar-denominated ETF rose 2.3% on its debut in Hong Kong Stock Exchange on July 18. (Lorretta Chen)
LORRETTA CHEN
HONG KONG -- Hong Kong's licensed virtual asset manager Pando Finance on Friday listed its bitcoin exchange-traded fund (ETF) on the Hong Kong Stock Exchange's main board as regulatory support for cryptocurrencies pushes the sector's prices to fresh highs.
The Hong Kong dollar-denominated ETF -- which tracks the Bitcoin Reference Rate by Chicago's CME CF Cryptocurrency Benchmarks -- rose 2.3% in its debut.
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