Odaily Planet Daily News: According to a report by Bloomberg analyst James Seyffart, the U.S. Securities and Exchange Commission (SEC) has delayed making a decision on Pando Spot Bitcoin ETF's 19b-4 filing.

News from Odaily Planet Daily: Cyvers issued a warning on the X platform, stating that the exploiters of the Pando vulnerability have transferred $17.2 million worth of DAI to other addresses.

Hong Kong Securities and Futures Commission licensed asset management company Pando Limited issued an announcement announcing that the application, cancellation and extension fees for its Pando Blockchain Theme ETF (Pando Blockchain ETF) will be dropped from $1,300 to $900 per transaction, and the original validity period will be extended from December 31, 2023 to December 31, 2024.

21:00-7:00 Keywords: Paxos, Boyaa Interactive, HKEX, BlackRock 1.Pando Asset filed amended S-1 filings in relation to SpotBitcoin ETFs; 2. Akron Energy, a data center infrastructure company, closed a $110 million funding round; 3. New York financial regulators approve Paxos to expand its Stable Coin to the Solana chain; 4. Hong Kong-listed Boyaa Interactive passed a resolution to purchase up to $100 million in Crypto Assets; 5. HKEX: ready to seize the opportunities brought by the "virtual asset spot ETF" thematic investment; 6. People familiar with the matter: The SEC has asked Spot ETF issuers to submit revised documents by the end of next week; 7. Bloomberg analysts: BlackRock intends to inject $10 million in seed capital into its SpotBitcoin ETF on January 3.

PANews reported on December 23 that according to a public filing, Bloomberg analyst James Seyffart tweeted that Pando Asset, a Swiss asset management company, has once again submitted a revised BitcoinSpot ETF S-1 form to the SEC. Analysts said that while the document said that "a cash model may be required", the wording "physical goods are allowed" was retained.

Pando Asset filed a revised Form S-1 for its SpotBitcoin ETFs, and Bloomberg analysts said that while the document said that "cash creation may be required", the language "physical goods are allowed" were retained.

The SEC has confirmed receipt of Pando Asset's spot BTC ETF application documents, according to Golden Finance.

Pando Asset has filed an updated version of its spot BTC ETF S-1 filing with the SEC, Gold Finance reported.

Bloomberg analyst James Seyffart said on the X platform that Swiss asset management company Pando Asset filed a 19b-4 file with the SEC to officially join the U.S. spot BTC ETF competition, and the company submitted an S-1 application last week. There are currently 13 potential issuers of spot BTC ETFs.

January 2024 Bitcoin Spot ETF: New players have just joined the game In the midst of the ongoing spot Bitcoin ETF boom, Pando has joined the race with the aim of capturing the opportunities that may arise after the US SEC may approve BTC spot ETFs. The investment firm officially filed a spot BTC ETF filing with the U.S. Securities and Exchange Commission (SEC) on November 29. The news of the delay in filing documents came as a surprise to the crypto space, as the final date for the US Securities and Exchange Commission's (SEC) decision on the approval of spot Bitcoin ETFs is approaching. In the filing, Pando Asset provided a detailed overview of its spot BTC ETF (PBTC), highlighting its purpose, product, net asset value, regulatory compliance, tax considerations, and other factors. "The trust was established on November 16, 2023 as a Delaware statutory trust. The purpose of the trust is to transfer the bitcoins owned to the trust in exchange for the shares issued by the trust. Each share represents a small undivided beneficial interest in the net assets of the trust. The trust's assets consist primarily of bitcoins held by bitcoin custodians on behalf of the trust. ” Pando's BTC spot ETF brings the total number of submitted spot Bitcoin ETFs in the crypto space to 13. The crypto space is currently awaiting the approval of these ETFs, as many crypto experts predict that the debut of Bitcoin spot ETFs could lead to massive inflows of BTC, triggering a bull run. While the crypto community is awaiting the final ruling of the US SEC on the approval of spot Bitcoin ETFs, analyst James Seyffart predicts that the approval outcome of BTC spot ETFs will be favorable. Spot Bitcoin ETFs are likely to be approved by January 10, 2024. His prediction is also supported by another ETF expert, senior analyst Eric Balchunas, who believes that there is a 90% chance that a spot bitcoin ETF will be approved. "People asked me if I had changed the odds. No, we still insist on a 90% chance of getting approved by January 10th (aka this cycle), which is the same probability that we've been months (before it gets cool/safe). What we're looking at now is: more revisions/final documents coming soon, and clarity in physical vs. cash creation," said Baljunas. (Source: Scott Matherson)

Swiss asset manager Pando Asset has filed a Form S-1 with the SEC for a spot bitcoin ETF in the United States, according to Golden Finance.

Jinse Finance reported that Pando Trust Limited has obtained the Hong Kong TCSP and Trustee (trust or company service provider) licenses on August 29, 2023, and will be able to carry out more fund management businesses in the future. It is reported that Pando Trust Limited is a leading financial institution headquartered in Hong Kong. As a professional trust service provider, it provides customers with excellent financial solutions and comprehensive asset management services.