Ether ETF Set to Launch on Hong Kong Stock Exchange

According to PANews, a licensed virtual asset management company, Pandu, has announced the upcoming listing of its Ether ETF on the Hong Kong Stock Exchange. Scheduled for December 3, the ETF will trade under the stock code 3085.HK and will directly hold Ether. The fund is benchmarked against the CME CF Ether-Dollar Reference Rate (Asia Pacific closing price). Hong Kong investors can trade using their existing securities accounts, opting for either cash or physical redemption methods. Each trading unit consists of 100 shares, with a minimum subscription amount set at 850 Hong Kong dollars.