Digital asset manager behind Canada's first BTC fund hopes to launch Bitcoin ETF

Cointelegraph

Published Apr 01, 2021 06:00PM ET

Updated Apr 01, 2021 07:40PM ET

Investment fund manager 3iQ has partnered with Coinshares to launch a Bitcoin exchange-traded fund in Canada.

According to an announcement from 3iQ, the firm has filed a final prospectus for a Bitcoin (BTC) exchange-traded fund, or ETF, with the securities regulatory authorities in each of the 10 provinces and 3 territories of Canada. Pending regulatory approval, trading for the ETF is expected to begin in early April on the Toronto Stock Exchange.

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