Hong Kong asset manager Pando Finance has launched two blockchain ETFs

According to the South China Morning Post, Hong Kong asset management company Pando Finance announced the launch of two actively managed blockchain ETFs focusing on virtual assets, which began trading on Thursday and allow traditional and retail investors to participate. Ren Junfei, CEO of Pando Finance, said the two ETFs would allow investors to "place orders and enter the crypto industry ina comfortable way" without having to own a cryptocurrency wallet or open an account on a crypto trading platform.