Arxnovum files Bitcoin ETF application with Canadian securities regulators
Winklevoss’ Gemini Trust will act as a sub-custodian for the new Arxnovum Bitcoin ETF in Canada. Canadian investment fund manager Arxnovum Investments has filed a prospectus for a new Bitcoin (BTC) exchange-traded fund, or ETF, in Canada.On Jan. 11, the company filed a stack of preliminary documents for the Arxnovum Bitcoin ETF with Canada’s Ontario Securities Commission.According to a preliminary long form prospectus, Arxnovum plans to list its new Bitcoin ETF on the Toronto Stock Exchange. The listing is subject to the approval of the TSX in accordance with its original listing....
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Calgary-based financial services firm Accelerate Financial Technologies is planning to list its Bitcoin ETF on the Toronto Stock Exchange. Another Canadian company has filed an application for a Bitcoin (BTC) exchange-traded fund, or ETF, amid a renewed interest in crypto ETFs from global financial firms.Accelerate Financial Technologies has filed and obtained a receipt for a preliminary prospectus with Canadian securities regulators for the Accelerate Bitcoin ETF (ABTC).Announcing the news on Feb. 3, Accelerate Financial said that ABTC will offer units denominated in both United States....
Purpose Investments has announced that its bitcoin ETF has received regulatory approval in Canada. The post Canadian Securities Regulators Approve North America’s First Bitcoin ETF appeared first on Bitcoin Magazine.
Subject to regulatory approval, the asset manager should convert its Bitcoin trust to an ETF starting next week. After putting the matter to a vote amongst the unitholders of its Bitcoin trust, Toronto-based investment manager Ninepoint Partners has filed its final prospectus for a Bitcoin exchange-traded fund.According to an announcement from Ninepoint today, the securities regulatory authorities in each of the 10 provinces and 3 territories of Canada have acknowledged receipt for its application to establish a Bitcoin (BTC) exchange-traded fund, or ETF. The firm said in March it would....
3iQ’s Bitcoin QBTC fund has surged 900% in market cap since October 2020, breaking a $1 billion milestone. Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund.On Jan. 14, 3iQ’s Bitcoin Fund (QBTC) hit the $1 billion mark, the company announced on Twitter. The new milestone demonstrates QBTC’s parabolic growth after 3iQ launched the fund in April 2020. QBTC is now up 900% from its previous milestone of $100,000 recorded in October 2020.As previously reported, 3iQ’s QBTC is Canada's first public Bitcoin fund listed on a major....
As a part of the global trend of stablecoins carving out its niche, the Canadian Securities Administrators (CSA), the watchdog organization overseeing Canada’s provincial and territorial securities regulators, has stepped in with new guidelines to provide clarity on the trading and issuance of stablecoins within its borders. Among numerous assets holding different characteristics and utilities, in […]