Canada’s Top 5 Bank Makes Crypto ETF Move With New Multi-Asset Fund

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....

Shares of Canada’s first publicly listed Bitcoin fund are up 30% since its launch in April. Canadian digital asset manager 3iQ has recorded a major milestone fo its public Bitcoin (BTC) fund.The Bitcoin Fund — Canada’s first Bitcoin fund listed on a major stock exchange — has crossed the $100 million market cap threshold, 3iQ announced in an Oct. 20 tweet.Tyler Winklevoss, a major cryptocurrency investor and a co-founder of United States’ Gemini crypto exchange, congratulated 3iQ on the milestone.Big Milestone. The #Bitcoin Fund by @3iq_corp that trades publicly on the Toronto Stock....

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....

The $500 billion German asset manager speeds up plans to adopt crypto after assessing Bitcoin certificates. The DZ bank group investment arm Union Investment makes another move to provide crypto investment services to individual investors. They intend to convert a small percentage of their funds to BTC. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course Union Investment is knowns as the investment arm of DZ Bank Group, an organization with more than 800 cooperative banks. They had an asset worth $507 billion under management as of June 30. This....

3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April. Canada’s largest digital asset investment fund manager, 3iQ, is expanding its reach to global investors by listing its public Bitcoin (BTC) fund on a major market in the Middle East.3iQ rolled out its Bitcoin Fund (QBTC) for trading on Nasdaq Dubai, according to an official statement by the exchange. Trading went live on Wednesday at 10:00 a.m. Dubai time.The new listing marks the emergence of Middle East’s first indexed digital asset-based fund, 3iQ chairman and CEO....