According to online reports, according to Hong Kong media Wen Wei Po, after listing the Bitcoin ETF in Hong Kong, Ren Junfei, founder and CEO of licensed virtual asset management company Pan Du, announced plans to launch a pledged spot Ethereum ETF product in Hong Kong in the second half of this year. The product is not only a spot holding product, but will add additional income. It is currently communicating with Hong Kong regulators on how to protect the interests of investors, as well as operational matters such as purchase and redemption.