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Canada approves world s first Ether ETF for retail investors

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Canadian asset managers are racing to launch the world’s first cryptocurrency exchange-traded fund that tracks the price performance of Ether, after regulators approved multiple investment funds. On Friday, Purpose Investments Inc., Evolve Funds, and CI Global Asset Management were all cleared by the Ontario Securities Commission (OSC) to launch investment funds that will be the first set of ETFs in the world to invest directly in the digital asset Ether, currently the world’s second-largest cryptocurrency by market capitalization behind Bitcoin.

Canada s Purpose Investments secures approval to launch world s first Ether ETF

By Reuters Staff 1 Min Read TORONTO, April 16 (Reuters) - Canadian asset manager Purpose Investments Inc said on Friday that it has been cleared by Canadian securities regulators to launch the first direct custody Ether exchange traded fund in the world. The Purpose ETF is designed to provide investors with exposure to the cryptocurrency by investing directly in physically settled Ether tokens, Purpose Investments said. In February, the company launched the world’s first Bitcoin ETF. (Reporting by Fergal Smith; Editing by Leslie Adler)

Canada s Purpose Investments secures approval to launch world s first Ether ETF

Canada s Purpose Investments secures approval to launch world s first Ether ETF
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

Canada s Purpose Investments secures approval to launch world s first Ether ETF

Canada s Purpose Investments secures approval to launch world s first Ether ETF
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Why a U S Bitcoin ETF Could Be a Real Thing in 2021

Why a U S Bitcoin ETF Could Be a Real Thing in 2021
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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