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Friedman Sees Big Opportunity for Nasdaq Private Market

Friedman Sees Big Opportunity for Nasdaq Private Market
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Nasdaq, inc (NDAQ) Q2 2021 Earnings Call Transcript

Nasdaq, inc (NDAQ) Q2 2021 Earnings Call Transcript
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Canadian Asset Manager 3iQ Launches World's First Ether-Backed ETF

Last Updated: 11 December 2020
With the crypto market rallying in 2020, it has been a pretty good year for crypto-backed financial products. The Canadian investment management firm 3iQ announced the launch of its flagship Ether-backed exchange-traded fund (ETF). –The funds will list on the Toronto Stock Exchange, allowing investors to gain exposure to the fledgling crypto asset class.
A Good Day Despite Slight Hiccups
The Ether ETF provides investors with exposure to Ether without purchasing, selling, or storing the asset for themselves. The coins backing the shares will be held by Gemini Custody, the custodial arm of the Gemini exchange.
The product also joins the Bitcoin Fund from 3iQ. The latter was added to the exchange in April on the Toronto Stock Exchange, listing almost 1.5 million Class A shares upon its launch. The Bitcoin Fund sold at $11 per unit upon its launch, but it soon surged in value. In October, 3iQ said the Bitcoin Fund had crossed the ....

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