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About Ethereum

What is Ethereum?

Launched in 2015, Ethereum is a trading token that facilitates the operation of the Ethereum network. The operation of all programs and services on the Ethereum network requires computing power, equipment, internet connection, and maintenance.

 

What is the investment value of Ethereum?

（1）The Future of the Internet: Ethereum’s investment value lies in its potential as a dominant layer-1 smart contract network and the related ecosystem. As the internet moves into its next phase, often referred to as Web3, blockchain technologies such as Ethereum are expected to play a crucial role.

（2）Staking yield: Staking allows Ethereum holders to earn returns by delegating (“staking”) an asset and receiving “staking rewards” through the transaction verification process on the blockchain.

（3）Diversification of cryptocurrency allocations: Institutional investors often allocate to cryptocurrencies with relatively good liquidity, such as Bitcoin and Ethereum. The use cases for these blockchains are very different, therefore, it is logical to diversify their allocations

 

The difference between Ethereum and Bitcoin

ETHER

BITCOIN

Blockchain-based technology that allows for the execution of smart contracts in decentralized applications

The first digital currency to use blockchain technology for enabling online payment transactions

Variable supply and likely to be net deflationary

Limited supply, with a maximum quantity of 21 million Bitcoins

 

Risks of spot Bitcoin / Spot ETH ETFs

Investment involves risks, including the loss of principle. Past performance is not indicative of future results. Before investing in spot bitcoin / ETH ETFs investors should refer to the Fund’s prospectus for details, including the risk factors. You should not make investment decisions based on the information on this material alone. Please note:

  1. Spot Bitcoin / Spot ETH ETFs are passively managed and falls in the Index may cause falls in the value of the Fund. Spot Bitcoin ETFs / Spot ETH ETFs are subject to new product risk, new index risk, tracking error risk and trading risk with discount or premium.
  2. Due to the Spot Bitcoin ETFs’ / Spot ETH ETFs’ direct exposure in bitcoin/ETH only, they are subject to concentration risk and risks related to bitcoin/ETH, such as bitcoin/ETH and bitcoin/ETH industry risk, speculative nature risk, unforeseeable risks, extreme price volatility risk, concentration of ownership risk, regulatory risk, fraud, market manipulation and security failure risk, cybersecurity risks, potential manipulation of bitcoin network risk, forks risk, risk of illicit use, trading hour difference risk.
  3. Spot Bitcoin ETFs / Sport ETH ETFs are subject to risks related to virtual asset trading platform (“VATP”), custody risks and risks relating to the difference between executable price of bitcoin/ETH on SFC-licensed VATPs and Index price for cash subscription and redemption.

Please note the above list of risks is not exhaustive, please refer to the Fund’s prospectus for details.

Disclaimer

Please read the following information carefully before proceeding.

 

The information contained in this website has been prepared to assist potential investors in making an informed decision in relation to investing in the ETFs / products under PANDO. A product key facts statement and prospectus for the ETFs / products under the ETFs which contain the key features and risks are also issued by the manager and available in this website.

 

The contents of this website have been prepared in good faith. However, the prices quoted are for reference only and may be subject to change without prior notice. Past performance is not a reliable indicator of future performance. The value of ETFs / products can fluctuate substantially within a short period of time. The management company or the directors of the scheme (in the case of a mutual fund corporation) accept full responsibility for the accuracy of the information contained in the offering document and confirm, having made all reasonable enquiries, that to the best of their knowledge and belief there are no other facts the omission of which would make any statement misleading.

 

An investment in any ETFs / products carries various risks. Each of these may affect the net asset value, yield, total return and trading price of the units. There can be no assurance that the investment objectives of ETFs will be achieved. You should carefully evaluate the merits and risks of an investment in the relevant ETFs / products in the context of your overall financial circumstances, knowledge and experience as an investor. The offering document should be read for further details including the risk factors.

 

ETF / product under the OFC are authorized by the Securities & Futures Commission in Hong Kong (the “SFC”) under Section 104 of the Securities and Futures Ordinance. However, the SFC takes no responsibility for the financial soundness of the ETFs / products under the Trusts or for the correctness of any statements made in this website. SFC authorization is not a recommendation or endorsement of a scheme nor does it guarantee the commercial merits of a scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors.

 

You should consult your financial adviser, consult your tax advisers and take legal advice as appropriate as to whether any governmental or other consents are required, or other formalities need to be observed, to enable you to acquire units as to whether any taxation effects, foreign exchange restrictions or exchange control requirements are applicable and to determine whether any investment in the ETFs / products is appropriate for you.

 

The website has not been reviewed by the Commission.

For any questions or complaints, please contact the manager at its address as set out in the “Contact Us” or call the manager on +852-38913288 during normal office hours.