Pan Du Ethereum ETF Monthly Report (June)

$A PANDO BLKC(03112.HK) $A PANDO INNO(03056.HK) $PANDO BITCOIN(02818.HK) <About Pando>

Pando Limited ("Pando") is a Hong Kong Securities and Futures Commission (SFC) licensed company providing digital asset management services. As an active participant in the digital asset management sector, Pando has obtained SFC licenses for Type 1, Type 4, and Type 4 regulated activities, and can provide a range of regulated digital asset-related services. At the same time, Pando is also authorized to issue two actively managed ETF products and two passively managed digital asset ETF products. Through strategic layout, Pando has accumulated rich experience in digital asset management and is committed to providing diversified investment solutions.

Disclaimer:

This advertisement is for reference only. This does not constitute an invitation or offer to purchase or sell any securities or other financial instruments. Any information, including facts, opinions, or citations, may be condensed or summarized and is current as of the date of writing. Information may change without notice, and Pando Limited ("Pando") has no obligation to ensure that you are notified of such updates. Before investing in this fund, investors should refer to the fund prospectus published on the company's official website and the Hong Kong Stock Exchange website, and carefully review each risk factor. For specific company data and the fund prospectus and specific risk disclosures of this product ETF, please see www.pandofinance.com.hk. This monthly report does not constitute an offer or solicitation to buy or sell any securities or funds, nor any investment advice. The issuer of this material is Pando Limited. This data has not been reviewed by the Securities and Futures Commission of Hong Kong. Investing in Exchange Traded Funds ("ETFs") involves significant risk of loss and is not suitable for all investors. The valuation of ETFs may fluctuate, which could result in you losing most of your investment. Past results do not represent future performance. If an investment is denominated in a currency other than your base currency, exchange rate changes may adversely affect value, price, or income. You should not participate in ETF trading unless you fully understand the nature of the transaction you are undertaking and the extent to which you may suffer losses. If you do not fully understand these risks, you must seek independent advice from your financial advisor. Under no circumstances should the content of this advertisement be interpreted as an express or implied promise, guarantee, or implication by or from Pando that you will profit or can or will limit losses in any way. Investors should note that past results do not represent future performance. Nothing in this advertisement constitutes legal, accounting, or tax advice. Pando shall not be liable for any indirect, incidental, special, punitive, or consequential damages arising out of the use or inability to use the advertisement, regardless of whether Pando has been advised of the possibility of such damages occurring, and regardless of the form of action, whether in contract, warranty, tort (including negligence), strict liability, or otherwise. The information provided here is obtained from sources we believe to be reliable, but we do not guarantee its accuracy or completeness, and assume no responsibility for any losses caused by the use of this information. Pando reserves the right to correct any errors that may exist in this advertisement. The content of this advertisement has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong. When assessing the value of such information, you should exercise appropriate caution. Pando Limited is committed to managing climate risk in its portfolio. The company has adopted a Climate Change Risk Manual to fulfill its disclosure obligations.

Virtual Asset Disclaimer:

Virtual assets are highly speculative and risky investments. Investors should exercise extra caution when participating in these products. The legal status of virtual assets has not yet been clearly defined, which may affect the nature and enforceability of investors' interests in such virtual assets. Research reports on virtual assets have not been reviewed by regulatory authorities, and investors cannot enjoy the protection of the Investor Compensation Fund. Virtual assets are not legal tender, and related transactions may be irreversible, so losses due to fraud or accidental transactions may be irrecoverable. The value of virtual assets stems from the continuous willingness of market participants to exchange them for legal tender, meaning that if the market for a certain virtual asset disappears, its value may be completely and permanently lost. It is currently impossible to guarantee that there will still be people willing to accept virtual assets as a means of payment in the future. The volatility and unpredictability of virtual asset prices relative to legal tender may cause huge losses in a short period of time. Changes in legislation and regulation may also adversely affect the use, storage, transfer, trading, and value of virtual assets. Certain virtual asset transactions may only be considered completed when recorded and confirmed by an SFC-licensed platform, which may differ from the time the customer initiated the transaction. Virtual assets inherently expose them to higher risks of fraud or cyber attacks. Technical failures may also prevent customers of licensed platforms from conducting virtual asset transactions.