Galaxy Digital Is Launching A Canadian Bitcoin ETF Tomorrow

Galaxy Digital Is Launching A Canadian Bitcoin ETF Tomorrow

A bitcoin ETF managed by Galaxy Digital expects to go live in Canada tomorrow.As filings for the first approved bitcoin exchange-traded fund (ETF) in the U.S. pile up, CI Global Assets Management (CI GAM) has announced that its bitcoin ETF will hit the Toronto Stock Exchange (TSX) this week.The announcement indicated that the product would list on March 9, 2021, making it the third Canadian bitcoin ETF to do so the last two months, though regulatory approval is still pending. The first North American bitcoin ETF was listed in February by Purpose Investment (with $200 million worth of....


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Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners. Galaxy Digital — the financial services and cryptocurrency investment management firm founded by Mike Novogratz — has set its sights on establishing a footing in the Bitcoin (BTC) mining sector.After a year of increasingly diversifying its products and activities, the company has announced two new forays into the Bitcoin mining sector for 2021. The first project will be a new business unit that Galaxy describes as "a one-stop....