XRP ETF Debuts in Canada: What’s the Best Crypto to Buy Next?
The Ontario Securities Commission (OSC) has granted Purpose Investments Inc. the approval to launch a spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange (TSX). This particular ETF will offer CAD-hedged, CAD non-hedged, and US dollar XRP products from June 18 onwards. Interestingly enough, Purpose Investments is the same financial entity that launched the […]
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CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made it known that it has completed the initial public offering of the CI Galaxy Bitcoin Fund. According to the press release, $72 million was raised from the listing. Initially, the fund had different classes such as class A, class C, and class F. However, regardless of their class, each share unit was....
Although downtrends in crypto prices have affected the industry’s growth, crypto-related developments continue to make headlines almost daily. This time, north-American country Canada records an immense increase in Bitcoin ATMs installation. As per the stats provided by Coin ATM Radar, Bitcoin ATM locations in Canada have surged by over 28% in the last year. Canada […]
http://www.youtube.com/watch?v=3BKawxWMfbA. From video description: Michael Perklin (Bitcoin Alliance of Canada), Francis Pouliot (Bitcoin Embassy/Bitcoin Foundation Canada), Jillian Friedman (Bitcoin Foundation Canada), Guillaume Babin-Tremblay (Bitcoin Foundation Canada), Stuart Hoegner (Bitcoin Alliance of Canada).
With the recent changes in financial surveillance laws, Canada could make its crypto taxation system permanent. This would affect many cryptocurrency platforms and session owners who are seeking more control over their wealth by owning bitcoin instead of other currencies like USD or EURO. Related Readings| Canada Emergencies Act Declares War Against Crypto And Freedom […]
Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory […]