New Fund Gives Traders Blue-Chip Stock Exposure for Bitcoin
Suppose you could trade your bitcoin for shares in, say, Apple Inc, just as the company is on the cusp of rolling out its biggest product release in years. Or perhaps use that bitcoin stash to buy stock in London-listed Vodafone to enjoy its 5.4% dividend yield. That's what First Global Credit wants to do with a new derivatives product for bitcoin holders that will allow them to participate in global equities markets, without cashing their bitcoin in for fiat. The fund allows investors to keep their funds in bitcoin, while seeking returns with those holdings. Gavin Smith, First Global's....
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Digital asset investment managers 3iQ introduced ETH market exposure to Canada’s stock traders and investors on Thursday. The world’s first Ethereum-based fund to be listed on a major stock exchange opened for trading on Thursday, but not without some hiccups. Listed on the Toronto Stock Exchange, The Ether Fund (TSX:QETH.U) opened for trading at $10.80 per share after completing a successful IPO in which $76.5 million was raised.Now available in brokerage and registered retirement accounts....... The Ether Fund (TSX:QETH.U) is the world's first regulated and major exchange-listed ETH....