Swiss asset management company Pando applies to list 13th Bitcoin ETF in the US

New applicant company Pando

Swiss asset management company Pando Asset has applied to list a physical cryptocurrency Bitcoin (BTC) ETF in the United States. This was revealed in the S1 Form filed with the SEC.

Like BlackRock and others, this ETF uses Coinbase as its custodian and is listed on the Cboe BZX. For price reference, CME’s “CF Bitcoin Reference Rate” will be used. Structurally, it will be a standard Bitcoin ETF.

The applicant company, Pando Asset, already offers multiple cryptocurrencies (ETPs) such as Bitcoin and Ethereum (ETH) on the Swiss stock exchange SIX Swiss Exchange. This is the 13th application in the United States.

connection: U.S. SEC solicits public comment on two Bitcoin ETF listing applications

connection:Learn about Bitcoin ETFs from the beginning: Explaining the advantages and disadvantages of investing and how to buy US stocks

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