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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 Asia18-07-2025
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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