Cryptocurrencies Surge Overnight, Blockchain Concept Stocks Rally, Pando Blockchain ETF (03112.HK) Rises 2.99% Today

Newtimespace News: Cryptocurrencies surge overnight, blockchain concept stocks rally. On the evening of April 14, Bitcoin saw a broad-based surge, gaining over 6% intraday. U.S.-listed cryptocurrency concept stocks extended their gains in the night session, with Robinhood up over 5%, Circle and BMNR up nearly 2%, and Strategy, Coinbase, and IREN up over 1%. Pando Blockchain ETF (03112.HK) closed at HK$24.78, with a daily change of +2.99%.

According to Hong Kong Exchanges and Clearing data, Pando Blockchain ETF (03112.HK) aims to achieve long-term capital growth primarily by investing in companies engaged in activities related to the development and operation of blockchain technology or providing related products, services, or technologies. TSMC, Hut 8, NVIDIA, IREN, Amazon, Google, Microsoft, Tesla, among others, are included in its top ten holdings.

On the news front, former U.S. President Donald Trump stated that U.S.-Iran negotiations could resume within the next two days, fueling market hopes that a new round of talks could help resolve the conflict. As signs of easing tensions between the U.S. and Iran emerged, market risk appetite rebounded rapidly. Bitcoin surged strongly, breaking through the $76,000 mark, with its gains significantly outpacing the broader rebound in risk assets. This series of positive signals has driven up the prices of blockchain-related assets.

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