NewTimeSpace — 14 Jan: major cryptos surge in tandem; BTC broke US$96 k, up 5.14 % on the day and its highest since 21 Nov. ETH peaked at US$3 398, a gain of more than 7 %. As of 10:08 a.m., the Pando Ethereum ETF (03085.HK) had leapt 6.64 % in early trade. (Data: Wind, 14 Jan 2026.)

According to Cointelegraph, journalist Eleanor Terrett reports that the proposed Digital Asset Market Transparency Act would place XRP, SOL, LTC, HBAR, DOGE and LINK on the same regulatory footing as BTC and ETH. The bill applies to any of these tokens that underlie an exchange-traded product before 1 Jan 2026.

HKEX data show that 03085.HK is one of Hong Kong’s first spot-ether ETFs. Issued by Pando Capital in partnership with HashKey’s licensed virtual-asset platform, the fund holds 100 % physical ETH, giving investors compliant exposure via a stock-account settlement.

Pando Wealth Management, a licensed virtual-asset manager, holds SFC Types 1, 4 and 9 licences and qualifies as a public-fund manager. It already runs several Hong Kong ETFs, including a spot-bitcoin ETF and two actively managed ETFs, building deep experience in digital-asset stewardship and compliance.

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