
3iQ Launches Australia’s Third Bitcoin ETF With A Unique Structure
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...