3iQ, a 🇨🇦Canadian asset management company successfully launched the first-ever public fund tied to Bitcoin (BTC) on the Toronto Stock Exchange (TSX). On April 9, the ‘Bitcoin Fund’ listed about 1.5 million Class A ‘QBTC.U’ shares on TSX. Its trading price is around $11 each.
The steep decline in Bitcoin price has coincided with record volume of the recently launched Bitcoin ETP on the SIX Swiss Stock Exchange, suggesting that institutional investors are may be buying the dip. Bitcoin ETP $HODL Sees Record Volume Earlier in November
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