Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Pando: Plans to Launch Physically Backed Ethereum ETF with Staking Mechanism in Hong Kong in the Second Half of the Year
BlockBeats News, July 19th, according to HK01 report, the "PandDuo Bitcoin ETF" (2818) issued by licensed virtual asset management company PandDuo was listed in Hong Kong yesterday. During the trading session, it surged more than 13% at one point, closing at 7.98 Hong Kong dollars, up 0.129 Hong Kong dollars for the day, a 1.64% increase. PandDuo's founder and CEO Ren Junfei revealed intentions to "further expand the territory," planning to launch a physically-backed Ethereum ETF product with a pledge mechanism in the second half of this year in Hong Kong.
When asked why this time there was no simultaneous launch of a physically-backed Ethereum ETF like other issuers, Ren Junfei disclosed that they plan to launch an Ethereum ETF with a pledge component this year, not just a simple spot-holding product but also incorporating an additional yield mechanism. They are currently in discussions with regulatory authorities on safeguarding investor rights, as well as specific operational directions such as creation and redemption processes.
The PandDuo Bitcoin ETF is a passive ETF that directly holds Bitcoin. The listing price is approximately 7.8512 Hong Kong dollars per unit, with a lot size of 100 shares and an entry fee of about 786 Hong Kong dollars. The management fee is 1%. BOC International-HK Trust Limited serves as the custodian and administrator, while OSL Digital Securities Limited acts as the Bitcoin custody sub-custodian.
You may also like
RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report
What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens
Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.
Trump Extends Ceasefire: Bitcoin Hits $79K — What Crypto Traders Need to Know Right Now
Bitcoin surged past $79,000 after Trump extended the ceasefire indefinitely. We break down exactly what happened, how every major crypto reacted, and what traders should watch next — including the one level that could unlock an $85,000 BTC rally.
CHIP Crypto Price Prediction 2026: Can USD.AI's GPU Lending Token Reach $1?
CHIP's 24-hour trading volume hit $1.87 billion on a $236 million market cap — an 8x ratio that almost never happens on legitimate tokens. We explain what's driving it, what USD.AI actually does for GPU tokenization, and whether CHIP belongs in your AI crypto portfolio.
RootData: Q1 2026 Web3 Industry Investment Research Report
USDC is the only AI token
The voice of a senior Polymarket user: In fact, we have already been surpassed by our competitors
Transcript of Dr. Han, founder of Gate, speaking at the University of Hong Kong: Breaking the Matthew Effect and Winning in Asymmetric Competition
Who will replace AAVE as the new king?
Fu Peng 2026 First Public Speech: What Exactly Are Crypto Assets? Why Did I Join the Crypto Asset Industry?
Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith
The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait
CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League（UCL） and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.
Morning Report | SpaceX acquires Cursor for $60 billion; Kalshi and Polymarket launch perpetual contract trading; NeoCognition completes $40 million financing
IMF | The Future of Stablecoins and Payments: Evidence from Financial Markets
56% Spike in Memecoin Trading Volume, Yet Shiba Inu (SHIB) Remains Static With 0 Netflow
Key Takeaways: Recent memecoin market saw a volume increase of 56%, highlighting a shift in investor interest towards…
American Airlines Praises Ripple, Surprising XRP Community
Key Takeaways: American Airlines reports exceptional results from Ripple Treasury usage. Ripple Treasury aids treasury efficiency without needing…
USDT Supply Surges to $188B as Tether Solidifies Stablecoin Dominance
Key Takeaways: Tether’s USDT supply reaches an all-time high of $188 billion, maintaining its dominance in the stablecoin…
North Korea’s $500M DeFi Heist Unveils New Cyber Warfare Tactics
Key Takeaways: North Korean operatives have obtained over $500 million from DeFi platforms in under three weeks. The…
RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report
What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens
Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.
Trump Extends Ceasefire: Bitcoin Hits $79K — What Crypto Traders Need to Know Right Now
Bitcoin surged past $79,000 after Trump extended the ceasefire indefinitely. We break down exactly what happened, how every major crypto reacted, and what traders should watch next — including the one level that could unlock an $85,000 BTC rally.
CHIP Crypto Price Prediction 2026: Can USD.AI's GPU Lending Token Reach $1?
CHIP's 24-hour trading volume hit $1.87 billion on a $236 million market cap — an 8x ratio that almost never happens on legitimate tokens. We explain what's driving it, what USD.AI actually does for GPU tokenization, and whether CHIP belongs in your AI crypto portfolio.
App