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First Mideast Bitcoin ETF Aims to Raise More Than $200 Million

(Bloomberg) Try refreshing your browser, or First Mideast Bitcoin ETF Aims to Raise More Than $200 Million Back to video Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer. The intent of listing on the Nasdaq Dubai exchange is to get trading at all hours around the globe, said CEO Fred Pye. “We trade on the North American market times and Dubai is almost perfectly opposite of what our trading hours are,” he told Bloomberg TV. 3iQ was founded in 2012 and has about $1.5 billion in assets. Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East.

ETFGI Announces Speakers And Topics For The ETFGI Global ETFs Insights Summit - United States, A Virtual Event On May 19th & 20th

ETFGI Announces Speakers And Topics For The ETFGI Global ETFs Insights Summit - United States, A Virtual Event On May 19th & 20th Date May 19 Fre e attendance and educational credits for buyside institutional investors and financial advisors. Receive a free copy of the ETFGI directory of ETFs and ETPs  and educational credits . The event is designed to facilitate substantive and in-depth discussion on the regulatory, product and trading developments impacting the use of and trading of ETFs in the United States.   Confirmed speakers:  Jeffrey B. Baccash, Global Head of ETF Solutions, BNP Paribas   Dan Draper, CEO, S&P Dow Jones Indices 

Bitcoin ETF From 3iQ and CoinShares, Canada s 4th, Begins Trading on TSX

Bitcoin ETF From 3iQ and CoinShares, Canada s 4th, Begins Trading on TSX
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Canada s fourth Bitcoin ETF begins trading on Toronto Stock Exchange

Canada’s fourth Bitcoin ETF begins trading on Toronto Stock Exchange The 3iQ CoinShares Bitcoin ETF is aiming to provide investors with exposure to Bitcoin as well as “the opportunity for long-term capital appreciation” 3iQ Corp, Canada’s largest asset manager, has said its 3iQ CoinShares Bitcoin exchange-traded fund (ETF) (TSX:BTCQ) has begun trading on the Toronto Stock Exchange (TSX). The company said the ETF will look to provide investors with exposure to Bitcoin as well as “the opportunity for long-term capital appreciation”. “Today is yet another milestone for the 3iQ team, bitcoin enthusiasts, and investors across Canada. Backed by deep industry expertise, we are thrilled to be adding the 3iQ CoinShares Bitcoin ETF to our offerings and especially to partner with CoinShares”, 3iQ chairman and chief executive Fred Pye said in a statement.

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