Tag: 3iq

3iQ’s fund operates as a mutual underlying fund of bitcoin holdings valued by the weighted average price of BTC without taking direct custody of any bitcoin.3iQ released a bitcoin ETF on Australia’s Cboe Exchange today which serves as a mutual fund of bitcoin holdings.The fund will not hold bitcoin directly.The CoinShares Bitcoin Feeder ETF will have the lowest fee structure...

Toronto-based investment management firm 3iQ has announced the listing of its The Ether Fund on the Toronto Stock Exchange. This listing closely follows the successful completion of an Initial Public Offering (IPO) by The Ether Fund. Interestingly, The Ether Fund sold 7.24 million Class A and Class F units, resulting in aggregate earnings of $76.5 million. Class A units were sold at $10.75...

3iQ said its Ether Fund has completed an initial public offering on the Toronto Stock Exchange, calling it a "world first."