Pando joins U.S. spot Bitcoin ETF race with newest filing

In a Dec. 5 post from Bloomberg Intelligence analyst James Seyffart, Swiss asset manager Pando was announced as an official entrant into the competition for a US spot Bitcoin ETF, filing a 19b-4 through the Chicago Board Options Exchange (CBOE). According to Seyffart, the new filling brings the number of potential issuers to 13. Better late than never The announcement, via X, highlights that Pando has entered the U.S. spot Bitcoin competition as a recent participant despite having established a presence with three other spot crypto exchange-traded products (ETPs) on…

Swiss Asset Manager Pando Asset Files for Bitcoin Spot ETF with SEC

Pando has named the Bank of New York Mellon as the official administrator of the ETF.  Swiss asset management company Pando Asset has joined the race for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. On November 29, the company filed with the country’s Securities and Exchange Commission (SEC), becoming the 13th financial services firm to submit an application with the agency for a BTC trust without directly investing in the crypto asset. Pando Names Coinbase as Custodian for Its Spot Bitcoin ETF Like many spot Bitcoin…

Pando Asset officially files for spot Bitcoin ETF with the SEC

Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance. Swiss asset manager Pando Asset has filed for approval of a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). The proposed Pando Asset Spot Bitcoin Trust, if approved, would be listed on the Cboe BZX Exchange, leveraging Coinbase as its custodian. The trust plans to use the CME’s CF Bitcoin Reference Rate for Bitcoin (BTC) pricing. Pando’s move aligns with its current offerings in Europe, where…

Pando Finance Limited – Hope to Provide More Different High Growth Products for Hong Kong Investors in the Future

Place/Date: Hong Kong – December 5th, 2022 at 11:11 am UTC · 2 min read Contact: Jen, Source: Pando Finance Pando Finance Limited, a leading asset management company in Hong Kong, will list two HK SFC-authorized actively managed thematic Exchange Traded Funds “Pando Blockchain ETF (3112 HK)” and “Pando Innovation ETF (3056 HK)” on the Hong Kong Stock Exchange (HKEX) on 8 December 2022 Thursday. Pando Finance believes blockchain and innovation are the key for long-term growth in portfolio. Pando Finance employs an actively managed investment strategy as Pando Finance believes…